Manulife reports 3Q18 net income of $1.6 billion, core earnings of $1.5 billion and solid growth in Asia and Global Wealth and Asset Management

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Go back to Manulife reports 3Q18 net income of $1.6 billion, core earnings of $1.5 billion and solid growth in Asia and Global Wealth and Asset Management

Manulife Financial (MFC) Tops Q3 EPS by 25c

November 7, 2018 5:16 PM EST

Manulife Financial (NYSE: MFC) reported Q3 EPS of $0.75, $0.25 better than the analyst estimate of $0.50.

For 3Q18, Manulife generated core earnings of $1,539 million, diluted core earnings per common share1 of $0.75 and core return on common shareholders' equity ("core ROE")1 of 14.8%, compared with $1,085 million, $0.53 and 10.6%, respectively, for 3Q17.

"We delivered another... More