Sun Life Financial Inc. (SLF.TO) revealed a profit for its first quarter that increased from last year and beat the Street estimates.
The company's earnings totaled C$928 million, or C$1.62 per share. This compares with C$818 million, or C$1.40 per share, last year.
Excluding items, Sun Life Financial Inc. reported adjusted earnings of C$1.045 billion or C$1.82 per share for the period.
Analysts on average had expected the company to earn C$1.71 per share. Analysts' estimates typically exclude special items.
Sun Life Financial Inc. earnings at a glance (GAAP) :
-Earnings: C$928 Mln. vs. C$818 Mln. last year.
-EPS: C$1.62 vs. C$1.40 last year.
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