Sun Life Financial Inc. (TSE:SLF) – Analysts Issue Q2 2024 Earnings Estimates

Sun Life Financial Inc. is gearing up for its Q2 2024 earnings report, with analysts predicting a per share earnings of $1.60 for the quarter. This estimate comes amidst a flurry of recent price target adjustments and ratings from various research firms. CIBC, BMO Capital Markets, National Bankshares, Royal Bank of Canada, and TD Securities have all weighed in on Sun Life Financial, with most giving the company an “outperform” rating and adjusting their price targets accordingly.

Despite missing the consensus estimate in its last quarterly earnings report, Sun Life Financial has recently increased its quarterly dividend, providing shareholders with a boost in returns. Insider activity has also been notable, with Director Stephanie Coyles and Director Kevin Strain both acquiring shares of the company’s stock in recent transactions.

Sun Life Financial operates globally, offering a range of financial services and insurance products. With a market capitalization of over $40 billion, the company has a strong presence in the industry. Investors and analysts alike will be eagerly awaiting the upcoming earnings report to see how Sun Life Financial performs in the second quarter of 2024.