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

Sun Life Financial (NYSE:SLF) (TSE:SLF) is scheduled to be announcing its earnings results after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $1.25 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Sun Life Financial (NYSE:SLF) (TSE:SLF) last released its quarterly earnings results on Monday, August 12th. The financial services provider reported $1.25 EPS for the quarter, topping the consensus estimate of $1.18 by $0.07. Sun Life Financial had a return on equity of 17.47% and a net margin of 8.60%. The business had revenue of $6.52 billion during the quarter, compared to analyst estimates of $6.72 billion. 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 Stock Up 0.3 %

SLF opened at $55.60 on Friday. Sun Life Financial has a 52 week low of $46.41 and a 52 week high of $58.51. The business has a fifty day simple moving average of $56.44 and a 200-day simple moving average of $52.34. The firm has a market cap of $35.03 billion, a P/E ratio of 14.33, a P/E/G ratio of 1.43 and a beta of 1.01.

Sun Life Financial Cuts Dividend

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

Wall Street Analysts Forecast Growth

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

Sun Life Financial Company Profile

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.