Sun Life Financial Inc. (SLF.TO)
| Previous Close | 72.83 |
| Open | 72.87 |
| Bid | 73.41 x 0 |
| Ask | 73.42 x 0 |
| Day's Range | 72.78 - 73.50 |
| 52 Week Range | 61.84 - 74.94 |
| Volume | |
| Avg. Volume | 2,005,430 |
| Market Cap | 42.671B |
| Beta (5Y Monthly) | 0.96 |
| PE Ratio (TTM) | 13.96 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 3.12 (4.25%) |
| Ex-Dividend Date | Feb 27, 2024 |
| 1y Target Est | N/A |
- The Canadian Press
Sun Life reports first-quarter net income of $875 million
TORONTO — Sun Life Financial Inc. says it had a net income of $875 million in its first quarter, a two per cent decline from last year. The insurer says profits were affected by its U.S. health division, including from reassessments following the lifting of the Public Health Emergency and higher morbidity claims. The U.S. division saw a 20 per cent drop in underlying net income to US$141 million. The Canadian division was down about two per cent to a net income of $310 million, as increased deat
- Reuters
UPDATE 2-Sun Life reports rare earnings miss as US business shows weakness
Canada's No. 2 life insurer Sun Life Financial on Thursday missed core profit estimates for the first time in 12 quarters, hurt by weakness in the U.S., a region where it has been expanding. The quarterly results were also affected by the sale of Sun Life UK and the end of the public health emergency in the United States, CEO Kevin Strain said in a statement. Sun Life has established more partnerships in Asia and other key regions as a part of its expansion efforts and acquired firms such as telemedicine company Dialogue Health and U.S. dental benefits company DentaQuest.
- Reuters
Sun Life reports rare earnings miss as US business shows weakness
The quarterly results were also affected by the sale of Sun Life UK and the end of the public health emergency in the United States, CEO Kevin Strain said in a statement. Sun Life has established more partnerships in Asia and other key regions as a part of its expansion efforts and acquired firms such as telemedicine company Dialogue Health and U.S. dental benefits company DentaQuest. For Sun Life, underlying net income in Asia rose 26% while that of U.S. fell 20%.
