Manulife reports 2Q18 net income of $1.3 billion, and core earnings of $1.4 billion with double-digit growth across all operating segments

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Go back to Manulife reports 2Q18 net income of $1.3 billion, and core earnings of $1.4 billion with double-digit growth across all operating segments

Manulife Financial (MFC) Tops Q2 EPS by 20c

August 8, 2018 5:08 PM EDT

Manulife Financial (NYSE: MFC) reported Q2 EPS of $0.70, $0.20 better than the analyst estimate of $0.50.

Net income attributed to shareholders of $1,262 million for the second quarter of 2018 ("2Q18")diluted earnings per common share of $0.61 and return on common shareholders' equity ("ROE") of 12.3%, compared with $1,255 million, $0.61 and 12.4%, respectively, for the second quarter of 2017 ("2Q17").The increase in net income attributed to shareholders primarily reflects growth in core earnings and... More