Sun Life Financial (SLF) Scheduled to Post Earnings on Monday

Posted by Defense World Staff on Nov 2nd, 2024

Sun Life Financial (NYSE:SLF – Get Free Report) (TSE:SLF) will post its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect Sun Life Financial to post earnings of $1.25 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Sun Life Financial (NYSE:SLF – Get Free Report) (TSE:SLF) last issued its earnings results on Monday, August 12th. The financial services provider reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.07. The business had revenue of $6.52 billion for the quarter, compared to analyst estimates of $6.72 billion. Sun Life Financial had a return on equity of 17.47% and a net margin of 8.60%. 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 Trading Up 0.4 %

Shares of SLF opened at $55.62 on Friday. The firm has a market capitalization of $35.04 billion, a P/E ratio of 14.33, a price-to-earnings-growth ratio of 1.46 and a beta of 1.00. The stock’s fifty day simple moving average is $56.44 and its 200 day simple moving average is $52.33. Sun Life Financial has a twelve month low of $46.41 and a twelve month high of $58.51.

Sun Life Financial Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Wednesday, August 28th were given a $0.587 dividend. This represents a $2.35 annualized dividend and a dividend yield of 4.22%. The ex-dividend date of this dividend was Wednesday, August 28th. Sun Life Financial’s dividend payout ratio (DPR) is currently 60.57%.

Analyst Upgrades and Downgrades

Separately, Barclays began coverage on Sun Life Financial in a report on Thursday, September 5th. They issued an “equal weight” rating for the company.

Read Our Latest Analysis on Sun Life Financial

Sun Life Financial Company Profile

(Get Free Report)

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.