Manulife Reports Third Quarter 2024 Results
Portfolio Pulse from
Manulife Financial Corporation reported record core earnings and insurance new business results for Q3 2024, with core earnings of $1.8 billion, a 4% increase from Q3 2023, and net income of $1.8 billion, up $0.8 billion from the previous year.
November 06, 2024 | 10:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Manulife Financial Corporation reported strong Q3 2024 results with record core earnings of $1.8 billion, a 4% increase from Q3 2023, and net income of $1.8 billion, up $0.8 billion from the previous year.
The reported increase in core earnings and net income indicates strong financial performance, which is likely to positively impact the stock price in the short term. The 4% increase in core earnings and significant rise in net income suggest improved profitability and business growth.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100