BUZZ-Sun Life falls on fourth-quarter profit miss

Shares of Canada's second-largest life insurer Sun Life Financial SLF.TO fall over 7.2% to C$78.5

Weakness in co's U.S. business offset gains in Asian markets

Co reported fourth-quarter profit of C$1.68 ($1.17) per share, missing analysts' estimates of C$1.78 per share - data compiled by LSEG

U.S. group sales fell 11% to $830 mln from a year ago on lower dental, employee benefits, and medical stop-loss sales

Asia net income rose 22% to $175 mln from last year

Nine of 14 brokerages rate the stock "buy" or higher, and 5 "hold"; their median PT is $93.5 - LSEG data

Stock rose nearly 24.2% in 2024