Analysts See $0.62 EPS for Manulife Financial Corporation (MFC) on May, 2

April 20, 2018 - By Toni Killen

Manulife Financial Corporation (TSE:MFC) Corporate Logo

Investors wait Manulife Financial Corporation (TSE:MFC)’s quarterly earnings on May, 2 after the close., as reported by Faxor. Analysts expect change of 16.98 % or $0.09 from previous year’s $0.53 earnings per share compared to current’s $0.62 earnings per share. T_MFC’s profit could reach $1.23 billion if the current earnings per share of $0.62 is accurate. Wall Street predicts 5.08 % EPS growth as of May, 2. MFC is hitting $23.77 during the last trading session, after increased 0.55%.Manulife Financial Corporation has volume of 1.98 million shares. Since April 20, 2017 MFC has 0.00% and is . The stock underperformed the S&P500 by 11.55%.

Manulife Financial Corporation (TSE:MFC) Ratings Coverage

In total 4 analysts cover Manulife Financial (TSE:MFC). “Buy” rating has 3, “Sell” are 0, while 1 are “Hold”. 75% are bullish. With $32 highest and $29 lowest target Manulife Financial has $30.60 average target or 28.73% above the current ($23.77) price. 5 are the (TSE:MFC)’s analyst reports since November 1, 2017 according to StockzIntelligence Inc. On Friday, November 10 the firm has “Outperform” rating given by BMO Capital Markets.

Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the United States.The firm is valued at $47.14 billion. It offers various individual life, and individual and group long-term care insurance through insurance agents, brokers, banks, financial planners, and direct marketing.24.26 is the P/E ratio. The firm also provides pension contracts and mutual fund services and products; various retirement products to group benefit plans; and annuities, single premium, and banking products, such as deposit and credit products to Canadian customers, as well as non-guaranteed, partially guaranteed, and fully guaranteed investment options through general and separate account products.

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