The market expects Sun Life (SLF) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

TORONTO, Jan. 29, 2025 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) will release its fourth quarter financial results on Wednesday, February 12, 2025 after markets close. A live webcast of the quarterly results will be available the following day – February 13, 2025 at 10:00 a.m. ET Date:     Thursday, February 13, 2025Time:    10:00 a.m. ET Access the call and presentation via live webcast.Access the call via telephone. The webcast replay will be available after the event. About Sun Life S ...

WELLESLEY, Mass. and TORONTO, Jan. 23, 2025 /PRNewswire/ -- Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced today that it is supporting people affected by the wildfires in California with $225,000 in donations to multiple community organizations providing services to affected areas across Los Angeles County. The wildfires in the Los Angeles area are among the largest there in recent history, burning more than 30,000 acres and destroying thousands of homes. Local donation recipients are: YMCA of Me ...

A month has gone by since the last earnings report for Sun Life (SLF) . Shares have added about 6.1% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Sun Life due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Sun Life Financial Q3 Earnings Surpass Estimates, Improve ...

TORONTO, Nov. 13, 2024 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) ("the Company" or "Sun Life") will host Investor Day 2024 in Toronto today. During the event, Sun Life will showcase its winning track record, highlight progress made on its strategic priorities, detail updates to its Medium-Term Financial Objectives and Business Group targets and ultimately demonstrate how the Company is delivering for its Clients and investors.Several members of Sun Life's Senior Management Team will host ...

Sun Life Financial Inc. (SLF) delivered a third-quarter 2024 underlying net income of $1.29 per share, which beat the Zacks Consensus Estimate by 3.2%. Moreover, the bottom line increased 8.4% year over year.  Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The underlying net income was reported at $744.73 million (C$1,016 million), which increased 7.4% year over year.Wealth sales & asset management gross flows increased 4.8% year over year to $30.72 billion (C$41.91 billion) in the ...

Sun Life (SLF) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.20%. A quarter ago, it was expected that this financial services company would post earnings of $1.18 per share when it actually produced earnings of $1.25, delivering a surprise of 5.93%.Over the last four quarters, the ...

CANADIAN RESIDENTS PARTICIPATING IN THE SHARE ACCOUNT Shareholders holding shares in the Canadian Share Account can sell their shares for $15 plus 3 cents per share. For more information call TSX Trust Company at 1 877 224-1760. Sun Life Reports Third Quarter 2024 Results Sun Life Financial Inc. ("SLF Inc."), its subsidiaries and, where applicable, its joint ventures and associates are collectively referred to as "the Company", "Sun Life", "we", "our", and "us". We manage our operations and report our finan ...

Dividend Announcement - The Board of Directors of Sun Life Financial Inc. declared a dividend of $0.84 per share on common shares, representing a 3 cent increase from the previous quarter, payable on December 31, 2024, to shareholders of record on November 27, 2024 [1] - Dividends declared on Class A NonCumulative Preferred Shares include Series 3 at $0.278125, Series 4 at $0.278125, Series 5 at $0.28125, Series 8R at $0.114063, Series 9QR at $0.353822, Series 10R at $0.185438, and Series 11QR at $0.401712, all payable on December 31, 2024, to shareholders of record on November 27, 2024 [2] Tax Designation - The dividends declared are designated as eligible dividends for the purposes of the Income Tax Act (Canada) [3] Company Overview - Sun Life is a leading international financial services organization providing asset management, wealth, insurance, and health solutions, with operations in multiple markets worldwide, including Canada, the United States, and several Asian countries [4] - As of September 30, 2024, Sun Life had total assets under management of $1.51 trillion [4]

Core Insights - Sun Life Financial Inc. reported strong financial results for Q3 2024, with underlying net income of CAD 1,016 million, a 9% increase from Q3 2023, and reported net income of CAD 1,348 million, up 55% year-over-year [1][4][5]. Financial Performance - Underlying return on equity (ROE) was 17.9%, while reported ROE was 23.8% [1][4]. - Assets under management (AUM) reached CAD 1,515 billion, an increase of CAD 175 billion or 13% from Q3 2023 [1][4]. - The company increased its common share dividend from CAD 0.81 to CAD 0.84 per share [1]. Business Segment Highlights - Wealth & Asset Management: Underlying net income of CAD 474 million, up CAD 17 million or 4% [1][4]. - Group - Health & Protection: Underlying net income of CAD 345 million, up CAD 60 million or 21% [1][4]. - Individual - Protection: Underlying net income of CAD 306 million, up CAD 9 million or 3% [1][4]. - Corporate expenses & other reported a net loss of CAD 109 million, consistent with the prior year [1]. Year-over-Year Comparisons - Underlying net income increased by CAD 86 million or 9% from Q3 2023 [4]. - Reported net income increased by CAD 477 million or 55% from Q3 2023 [4]. - Wealth sales & asset management gross flows were CAD 41,915 million, up 7% year-over-year [3][4]. Regional Performance - U.S. underlying net income was USD 161 million, a 15% increase from the prior year, driven by strong growth in Group Benefits [7]. - Asia's underlying net income was CAD 170 million, a 2% increase, with individual sales up 19% [7]. - Canada reported underlying net income of CAD 375 million, an 11% increase, with group health sales up 4% [5][7]. Strategic Developments - The company acquired the remaining 20% interest in InfraRed Capital Partners, enhancing its alternative investment solutions [5]. - Sun Life launched innovative products aimed at improving retirement income solutions and expanding distribution capabilities [5][7].