News

Sun Life posts first-quarter profit of $411.1 million

TORONTO – TORONTO (AP) _ Sun Life Financial Inc. (SLF) on Tuesday reported first-quarter net income of $411.1 million.

On a per-share basis, the Toronto-based company said it had profit of 64 cents. Earnings, adjusted for non-recurring gains, came to 63 cents per share.

The financial services company posted revenue of $6.4 billion in the period.

Sun Life shares have climbed slightly more than 6 per cent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $33.18, a fall of 2 per cent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SLF at http://www.zacks.com/ap/SLF

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Keywords: Sun Life, Earnings Report