Great-West Lifeco Inc reports results for the quarter ended December 31 - Earnings Summary

• Great-West Lifeco Inc GWO.TO reported quarterly adjusted earnings of C$1.19​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of C$1.04. The mean expectation of ten analysts for the quarter was for earnings of C$1.13 per share. Wall Street expected results to range from C$1.05 to C$1.18 per share.

• Revenue rose 506.6% to C$5.40 billion from a year ago; analysts expected C$5.20 billion.

• Great-West Lifeco Inc's reported EPS for the quarter was C$1.19​.

• The company reported quarterly net income of C$1.12 billion.

• Great-West Lifeco Inc shares had fallen by 1.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.6% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the life & health insurance peer group is also "hold"

Wall Street's median 12-month price target for Great-West Lifeco Inc is C$51.00

This summary was machine generated from LSEG data February 6 at 12:14 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)