SLF Earnings Prediction
The chart below shows how SLF performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SLF sees a -1.29% change in stock price 10 days leading up to the earnings, and a +3.38% change 10 days following the report. On the earnings day itself, the stock moves by +0.19%. This data can give you a slight idea of what to expect for the next quarter's release.
SLF Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
8.72B
9.21%
7.81%
Gross Margin
--
--
--
Operating Margin
22.10%
23.53%
55.52%
Net Margin
16.37%
39.56%
84.55%
EPS
2.33
57.43%
109.91%
No Data Available
SLF Earnings Analysis
Sun Life Financial Inc. Corporation (SLF.N) Earnings Conference Call
Positive
EPS Performance Exceeds Expectations: 1. Strong EPS Growth: Sun Life reported an earnings per share (EPS) of $1.76, reflecting an 11% increase year-over-year, surpassing the medium-term financial objective of 8% to 10%.
Record Net Income Growth: 2. Record Underlying Net Income: The company achieved underlying net income exceeding $1 billion, marking a 9% year-over-year growth, demonstrating robust profitability across its diversified business platform.
Record Assets Under Management: 3. All-Time High AUM: Assets Under Management (AUM) reached an all-time high of over $1.5 trillion, solidifying Sun Life's position as Canada's largest asset manager based on AUM, driven by strong equity markets and asset management capabilities.
Shareholder Returns Enhancement: 4. Increased Shareholder Returns: Sun Life announced a quarterly common share dividend increase and repurchased $146 million of common shares, reflecting strong capital generation and commitment to returning capital to shareholders.
Group Health Sales Surge: 5. Solid Growth in Group Health and Protection: Group health and protection sales increased by 19% year-over-year, contributing to a 21% rise in underlying earnings from these segments, driven by strong business growth in Canada and the US.
Negative
Credit Performance Challenges: 1. Adverse Credit Impacts: The company reported adverse credit impacts of $43 million before tax, indicating challenges in credit performance that affected overall financial results.
Institutional Outflow Impact: 2. Institutional Outflows: MFS experienced outflows of $14 billion, primarily due to large institutional mandate redemptions, reflecting ongoing pressure in the asset management segment.
Individual Protection Sales Decline: 3. Decline in Individual Protection Sales: Individual protection sales decreased by 24% year-over-year due to lower participating policy sales through the third-party broker channel, indicating a significant drop in this revenue stream.
Net Income Decline: 4. SLC Management Underlying Net Income Decline: SLC Management's underlying net income fell by 11% year-over-year, as higher fee-related earnings were offset by a favorable tax adjustment in the prior year that did not repeat.
Stagnant Growth in Asia: 5. Negative Experience in Asia: Asia's underlying net income was impacted by unfavorable mortality experience, which contributed to a stagnant growth rate of only 1% year-over-year despite strong sales momentum.
SLF FAQs
How does SLF typically perform around its earnings report dates?
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SLF Earning Call Sentiment
Sun Life Financial Inc. (SLF) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SLF.N
0.29%Positive
The earnings call summary shows strong financial performance with record high AUM and increased net income across regions. The Q&A session did not reveal significant concerns, and management's responses were generally positive, though some lacked clarity. No new partnerships or secondary offerings were mentioned. Despite the lack of specific market cap data, the overall sentiment is positive, driven by robust growth metrics and optimistic guidance, suggesting a likely stock price increase of 2% to 8%.
