TORONTO (AP) — TORONTO (AP) — Sun Life Financial Inc. (SLF) on Wednesday reported fourth-quarter net income of $715.3 million.
The Toronto-based company said it had net income of $1.19 per share. Earnings, adjusted for non-recurring costs, were $1.25 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.16 per share.
The financial services company posted revenue of $9.06 billion in the period.
For the year, the company reported profit of $2.41 billion, or $4.01 per share. Revenue was reported as $17.94 billion.
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