(RTTNews) - Manulife Financial (MFC.TO) revealed earnings for fourth quarter that beat the Street estimates.
The company's bottom line came in at C$1.638 billion, or C$0.88 per share. This compares with C$1.659 billion, or C$0.86 per share, last year.
Excluding items, Manulife Financial reported adjusted earnings of C$1.907 billion or C$1.03 per share for the period.
Analysts on average had expected the company to earn C$0.95 per share. Analysts' estimates typically exclude special items.
Manulife Financial earnings at a glance (GAAP) :
-Earnings: C$1.638 Bln. vs. C$1.659 Bln. last year. -EPS: C$0.88 vs. C$0.86 last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
