Manulife Financial Q4 Profit Rises

(RTTNews) - Manulife Financial (MFC) released earnings for its fourth quarter that Increases, from last year

The company's bottom line came in at $722 million, or $1.29 per share. This compares with $237 million, or $0.41 per share, last year.

Excluding items, Manulife Financial reported adjusted earnings of $1.094 billion or $1.96 per share for the period.

The company's revenue for the period rose 9.7% to $113 million from $103 million last year.

Manulife Financial earnings at a glance (GAAP) :

-Earnings: $722 Mln. vs. $237 Mln. last year. -EPS: $1.29 vs. $0.41 last year. -Revenue: $113 Mln vs. $103 Mln 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.

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