Sun Life fourth-quarter earnings beat market expectations

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The Sun Life Financial logo is seen at their corporate headquarters of One York Street in Toronto, Ontario, Canada, February 11, 2019. REUTERS/Chris Helgren

TORONTO (Reuters) – Canadian insurer Sun Life Financial on Wednesday reported fourth-quarter earnings which were ahead of market expectations, helped by a strong performance from its units in the United States and Asia.

The company reported earnings per share, excluding one-off items, of C$1.19, compared with C$1.05 a year ago. Analysts had on average forecast earnings, excluding one-off items, of C$1.15, according to IBES data from Refinitiv.

Reporting by Matt Scuffham, editing by G Crosse

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