Sun Life Financial Inc. (SLF) on Wednesday reported fourth-quarter profit of $169.4 million.
On a per-share basis, the Toronto-based company said it had net income of 29 cents. Earnings, adjusted for non-recurring costs, came to $1.20 per share.
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The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.
The financial services company posted revenue of $5.37 billion in the period.
For the year, the company reported profit of $2.28 billion, or $3.84 per share. Revenue was reported as $24.2 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SLF at https://www.zacks.com/ap/SLF
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