Manulife Financial shares are trading higher after the company reported better-than-expected Q1 adjusted EPS results.
Portfolio Pulse from Benzinga Newsdesk
Manulife Financial's stock price increased following the announcement of their Q1 adjusted EPS results, which exceeded expectations.
May 09, 2024 | 5:12 pm
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Manulife Financial's shares are trading higher after reporting Q1 adjusted EPS results that surpassed analyst expectations.
Stock prices often react positively to earnings that exceed market expectations, as it indicates better financial health and performance than anticipated. Manulife Financial's announcement of higher-than-expected Q1 adjusted EPS results has likely led to increased investor confidence and demand for MFC shares, driving the price up in the short term.
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