Manulife Financial Q3 Earnings Beat on Solid Asia Business
MANULIFE(MFC) ZACKS·2024-11-07 23:50
Manulife Financial Corporation (MFC) delivered third-quarter 2024 core earnings of 73 cents per share, which beat the Zacks Consensus Estimate by 4.3%. The bottom line improved 5.7% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Core earnings of $1.3 billion (C$1.8 billion) remained unchanged year over year. The results reflected strong business growth led by Global WAM and Asia, and a lower net charge in the provision for Expected Credit Loss (ECL), more than offset ...