
Sun Life Financial reported a significant increase in profit for the third quarter, driven by strong performance in its Canadian and U.S. segments. The company announced a revenue of $11.24 billion, reflecting a year-over-year increase of 518.21%. Earnings per share (EPS) reached $1.29, surpassing analyst expectations by $0.07. This positive financial performance was attributed to gains in fee income from its U.S. operations, contributing to a temporary spike in the company's share price to an all-time high. Overall, Sun Life's results indicate a robust recovery and growth trajectory in the health insurance sector.
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Sun Life Financial $SLF has released its quarterly earnings. Revenue of $11.24B (+518.21% YoY) n/a. EPS of $1.29 (+8.40% YoY) beats by $0.07.
2Q24 Profitability Trends for Health Insurance Business Assessed by Mark Farrah Associates https://t.co/QZYd8ni5xy https://t.co/aw4bU6KI0Q


