SLF - Reasons Why Investors Should Retain Sun Life Stock Now | Benzinga
Sun Life Financial Inc.'s (NYSE: SLF) strategic investments in Asia, strengthening asset management businesses, the scale-up of its U.S. operations and a strong financial position bode well for growth.
Growth Projections
The Zacks Consensus Estimate for Sun Life's 2024 earnings per share indicates an increase of 3.6% from the year-ago reported number. The consensus estimate for 2025 earnings per share and revenues indicates an increase of 8.9% and 4.9%, respectively, from the corresponding 2024 estimates.
Earnings Surprise History
Sun Life beat the Zacks Consensus Estimate for earnings in two of the last four quarters, met once and missed the other occasion, the average being 0.28%.
Zacks Rank & Price Performance
Sun Life currently carries a Zacks Rank #3 (Hold). In the past year, the stock has lost 2.7% against the industry's growth of 21.3%.
Image Source: Zacks Investment Research
Business Tailwinds
Sun Life continues to focus on the emerging economies of Asia that are expected to provide higher returns and growth than the North American markets. SLF has a strong presence in China, Philippines, India, Hong Kong and Indonesia and has also ...