Sun Life: Q4 Earnings Snapshot

Associated Press Finance
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TORONTO (AP) — TORONTO (AP) — Sun Life Financial Inc. (SLF) on Wednesday reported fourth-quarter profit of $564.9 million.

On a per-share basis, the Toronto-based company said it had net income of 94 cents. Earnings, adjusted for non-recurring costs, came to $1.23 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.17 per share.

The financial services company posted revenue of $13.73 billion in the period.

For the year, the company reported profit of $2.34 billion, or $3.90 per share. Revenue was reported as $30.2 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SLF at https://www.zacks.com/ap/SLF

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