Post by
doggiestyle on Feb 10, 2022 4:07pm
Manulife versus Sun Life
Both Manulife and Sunlife beat expectations but manulife is up 3% and SLF down 5% - Why an an 8% delta on roughly the same earnings beat??
Manulife Core earnings in the three months through December rose to 84 Canadian cents per share, up 13.5% from a year earlier and compared with analysts' expectations of 82 Canadian cents per share, according to IBES data from Refinitiv.
Sun Life's underlying quarterly profit grew 4.2% to C$898 million from a year earlier, or C$1.53 per share, compared with analysts estimates of C$1.52 per share.
Comment by
WindsorGuy on May 23, 2022 2:18pm
Buuy Sunlife. Manulife has lage exposure to China. Rates going down. Canada and US rates are rising. Bought some shares today on US market up just shy of 2%. GLTA