Skip to main content

Canadian insurer Sun Life Financial Inc. reported a rise in third-quarter earnings, beating market expectations, helped by strong growth at its asset management business.

Sun Life reported earnings per share, excluding onetime items, of $1.20 in the third quarter, compared with $1.05 a year ago. Analysts had on average forecast earnings of $1.17, according to IBES data from Refinitiv.

Sun Life Chief Executive Officer Dean Connor said he was bullish about the company’s prospects in the region.

Story continues below advertisement

“The year-to-date growth is good and the longer term trend is also looking good,” he said.

Sun Life said its net income, excluding one-off items, rose by 14 per cent to $730-million.

Report an error
Tickers mentioned in this story
Unchecking box will stop auto data updates
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Discussion loading ...

Cannabis pro newsletter