Sun Life Financial (SLF) Misses Q3 EPS by 9c, Raises Dividend

Sun Life Financial (NYSE: SLF) reported Q3 EPS of CDN$0.78, CDN$0.09 worse than the analyst estimate of CDN$0.87.

"We reported underlying net income of $528 million in the third quarter of 2015, up slightly from the prior year in a volatile market environment. Notwithstanding the impact of capital markets on our results, we benefited from our balanced and diversified business model, coupled with strong execution on our four-pillar strategy." said Dean Connor, President and Chief Executive Officer, Sun Life Financial. "We announced a dividend increase of one cent per share, bringing our quarterly common share dividend to $0.39 per share. This, together with the increase announced in the first quarter, represents a total increase of 8% in the quarterly dividend in the year."

For earnings history and earnings-related data on Sun Life Financial (SLF) click here.

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