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Company News

Manulife posts 3rd-qtr earnings ahead of market expectations

TORONTO, Nov 7 (Reuters) - Canada’s biggest insurer Manulife Financial Corp on Wednesday posted third-quarter earnings that surpassed market expectations, helped by a strong performance from its Asian business.

Manulife said earnings per share, excluding one-off items, were C$0.75 in the third quarter, compared with C$0.53 a year ago. Analysts had, on average, expected earnings of C$0.67 per share, according to IBES data from Refinitiv. (Reporting by Matt Scuffham)

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