Speculating on Q3Surprise to see MFC still dragging at its lower range, after the last three positive Quarters.
The trailing earnings is now $1.25 after Q2.
What will the earnings be after Q3?
Speculation.
Interest rate dropped 31 basis in Q2 from Q1.
Therefore after similar losses, Q3 operating profits is also $490M
Plus $275M profit on life Retro Business
Less $700M losses on Morbidity prosions
Q3 Net profit $65M
So no big loss for Q3, assuming then the profit is nil
The trailing profit will be for Q3 = $1.80
( Q4 $1.00 + Q1
.54 + Q2
.26 + Q3
.00 )