Great-West Lifeco (GWO) Set to Announce Earnings on Thursday

Great-West Lifeco (TSE:GWO) is scheduled to release its earnings data after the market closes on Thursday, February 8th. Analysts expect Great-West Lifeco to post earnings of C$0.74 per share for the quarter.

Great-West Lifeco (TSE:GWO) last issued its quarterly earnings data on Thursday, November 2nd. The company reported C$0.59 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.70 by C($0.11). Great-West Lifeco had a return on equity of 11.81% and a net margin of 6.25%.

Great-West Lifeco (TSE:GWO) opened at C$34.78 on Thursday. Great-West Lifeco has a 52-week low of C$33.01 and a 52-week high of C$37.79. The stock has a market cap of $34,390.00, a price-to-earnings ratio of 14.14 and a beta of 0.67.

In related news, Director James Mahase Singh acquired 1,000 shares of Great-West Lifeco stock in a transaction that occurred on Tuesday, December 5th. The stock was purchased at an average price of C$35.05 per share, for a total transaction of C$35,050.00. Also, insider Helen Ruth Kasdorf sold 2,280 shares of the firm’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of C$35.50, for a total transaction of C$80,940.00.

Several analysts have recently commented on GWO shares. Eight Capital reduced their target price on shares of Great-West Lifeco from C$38.00 to C$37.00 in a research note on Friday, November 3rd. National Bank Financial raised their target price on shares of Great-West Lifeco from C$38.00 to C$39.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 24th. Barclays reduced their target price on shares of Great-West Lifeco from C$38.00 to C$36.00 in a research note on Thursday, January 11th. Royal Bank of Canada raised their target price on shares of Great-West Lifeco from C$35.00 to C$36.00 in a research note on Friday, November 3rd. Finally, CSFB raised their target price on shares of Great-West Lifeco from C$37.00 to C$39.00 in a research note on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of C$37.45.

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About Great-West Lifeco

Great-West Lifeco Inc (Lifeco) is a financial services holding company. The Company has interests in the life insurance, health insurance, asset management, investment and retirement savings, and reinsurance businesses. It operates through four operating segments: Canada, United States, Europe and Lifeco Corporate.

Earnings History for Great-West Lifeco (TSE:GWO)

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