TORONTO (AP) — TORONTO (AP) — Sun Life Financial Inc. (SLF) on Wednesday reported first-quarter net income of $353.6 million.
On a per-share basis, the Toronto-based company said it had profit of 61 cents. Earnings, adjusted for non-recurring costs, came to $1.38 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share.
The financial services company posted revenue of $6.41 billion in the period.
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