Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

BRIEF-Great-West Lifeco Q4 Earnings Per Share C$0.72

Published 2019-02-07, 08:02 a/m
Updated 2019-02-07, 08:10 a/m
BRIEF-Great-West Lifeco Q4 Earnings Per Share C$0.72

Feb 7 (Reuters) - Great-West Lifeco Inc GWO.TO :

* GREAT-WEST LIFECO REPORTS FOURTH QUARTER 2018 NET EARNINGS OF $710 MILLION; ANNOUNCES 6% DIVIDEND INCREASE

* Q4 EARNINGS PER SHARE C$0.72

* Q4 EARNINGS PER SHARE ESTIMATE C$0.74 -- REFINITIV IBES DATA

* SETS QUARTERLY DIVIDEND OF C$0.413PER SHARE

* SALES FOR Q4 OF 2018 WERE $41.5 BILLION, UP 37% FROM Q4 OF 2017

* "WE ARE CONSIDERING OTHER CAPITAL MANAGEMENT ACTIVITIES TO MITIGATE EARNINGS IMPACT FROM SALE OF OUR U.S. BUSINESS"

* DECLARED A 6% INCREASE IN DIVIDEND FROM PREVIOUS QUARTER

* QTRLY TOTAL NET PREMIUMS C$9,045 MILLION VERSUS C$8,494 MILLION

* AS OF DEC 31, 2018 TOTAL PREMIUMS AND DEPOSITS OF C$37,583 MILLION VERSUS C$32,645 MILLION FOR SAME PERIOD LAST YEAR

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.