Manulife Financial Corporation reports results for the quarter ended June 30 - Earnings Summary
Manulife Financial Corporation reports results for the quarter ended June 30 - Earnings Summary
Manulife Financial Corporation MFC.TO reported quarterly adjusted earnings of C$1.09 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 95 cents. The mean expectation of twelve analysts for the quarter was for earnings of C$1.08 per share. Wall Street expected results to range from C$1.05 to C$1.11 per share.
Revenue was C$10.99 billion.
Manulife Financial Corporation's reported EPS for the quarter was C$1.20.
The company reported quarterly net income of C$2.11 billion.
Manulife Financial Corporation shares had risen by 9.5% this quarter and gained 26.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.4% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the life & health insurance peer group is also "buy"
Wall Street's median 12-month price target for Manulife Financial Corporation is C$59.50, about 4.9% below its last closing price of C$62.44
This summary was machine generated from LSEG data August 6 at 12:25 a.m. UTC. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.08 | 1.09 | Beat |
Mar. 31 2026 | 1.10 | 1.06 | Missed |
Dec. 31 2025 | 1.06 | 1.12 | Beat |
Sep. 30 2025 | 1.03 | 1.16 | Beat |
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