Sun Life Financial (SLF) Set to Announce Quarterly Earnings on Thursday

Sun Life Financial (NYSE:SLF) (TSE:SLF) will announce its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of $1.20 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Sun Life Financial (NYSE:SLF) (TSE:SLF) last announced its earnings results on Wednesday, February 7th. The financial services provider reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.06. The company had revenue of $13.73 billion during the quarter. Sun Life Financial had a return on equity of 17.30% and a net margin of 7.79%. On average, analysts expect Sun Life Financial to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Sun Life Financial Stock Down 0.6 %

Shares of NYSE SLF opened at $52.85 on Wednesday. The company has a market cap of $30.78 billion, a price-to-earnings ratio of 13.62, a price-to-earnings-growth ratio of 1.30 and a beta of 1.00. Sun Life Financial has a 12-month low of $44.57 and a 12-month high of $55.46. The firm’s 50-day simple moving average is $53.12 and its 200 day simple moving average is $51.57.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group initiated coverage on Sun Life Financial in a research note on Thursday, February 22nd. They issued a “buy” rating on the stock.

Sun Life Financial Company Profile

Sun Life Financial Inc, a financial services company, provides savings, retirement, and pension products worldwide. The company operates in five segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability, as well as reinsurance.