Manulife earns record profits in 2018 as it swings to a $593M profit in Q4 [Business News Network (BNN) Energy & Resources (Canada)]
Manulife Financial Corporation (MFC)
Last manulife financial corporation earnings: 2/12 05:00 pm
Check Earnings Report
US:NYSE Investor Relations:
manulife.com/investor-relations
Company Research
Source: Business News Network
Manulife earns record profits in 2018 as it swings to a $593M profit in Q4 TORONTO - Manulife Financial Corp. ( MFC.TO ) posted record earnings last year as it swung to a $593-million profit in the fourth quarter. The Toronto-based insurer says it earned $4.8 billion in net income attributable to shareholders in 2018, up from $2.7 billion in 2017 when it took a $2.8-billion charge related to U.S. tax reform and faced hurricane-relate charges. Adjusted profits grew 23 per cent to $5.6 billion from $4.6 billion a year earlier. In the fourth quarter, it earned 28 cents per diluted share for the period ended Dec. 31, compared with a loss of 83 cents per share or $1.6 billion a year earlier. Excluding one-time items, quarterly adjusted earnings increased 11 per cent to $1.3 billion, or 86 cents per share, from $1.2 billion or 59 cents per share in the prior year. The increase was mainly driven by new business growth in Asia, the impact of lower U.S. tax rates and expense efficiency, partia
Show less
Read more
Impact Snapshot
Event Time:
MFC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MFC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MFC alerts
High impacting Manulife Financial Corporation news events
Weekly update
A roundup of the hottest topics
MFC
News
- Manulife Investment Management Announces Cash Distributions for Manulife Exchange Traded FundsPR Web
- Manulife Financial: Company Firing On All Cylinders, But Valuation Too Rich (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- Should Value Investors Buy Manulife Financial Corp (MFC) Stock? [Yahoo! Finance]Yahoo! Finance
- Manulife (MFC) Upgraded to Buy: Here's Why [Yahoo! Finance]Yahoo! Finance
- Manulife Investment Management Closes Manulife Strategic Secondaries Fund L.P. as GP-led Secondary Program Reaches More Than $600 Million [Yahoo! Finance]Yahoo! Finance
MFC
Earnings
- 2/14/24 - Beat
MFC
Sec Filings
- 3/25/24 - Form 6-K
- 3/22/24 - Form 6-K
- 2/28/24 - Form S-8
- MFC's page on the SEC website