HomeWorld

Sun Life: Q2 Earnings Snapshot

World 1 source 1 country 7m ago

TORONTO (AP) — TORONTO (AP) — Sun Life Financial Inc. (SLF) on Thursday reported second-quarter net income of $744 million. The Toronto-based company said it had net income of $1.31 per share.

Earnings, adjusted for non-recurring costs, were $1.46 per share. The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.

The financial services company posted revenue of $10.1 billion in the period. _____ 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 Source

TORONTO (AP) — TORONTO (AP) — Iamgold Corp. (IAG) on Thursday reported second-quarter earnings of $230.5 million. The Toronto-based company said it had net income of 40 cents per share.

Earnings, adjusted for non-recurring costs, were 42 cents per share. The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 42 cents per share.

The gold and niobium mining company posted revenue of $856.9 million in the period. Access a Zacks stock report on IAG at https://www.zacks.com/ap/IAG Source

Summary from source
Read the full story at the source WTOP News - Washington DC (Washington DC, US) · US
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →