Earnings Alerts

Great-West Lifeco (GWO) Earnings Surpass Expectations in 2Q: Base EPS Hits C$1.11

  • Base EPS: C$1.11, beating the estimate of C$1.04
  • EPS: C$1.08
  • Base Return on Equity: 17.2%, surpassing the estimate of 16.9%
  • Book Value per Share: C$25.36, exceeding the estimate of C$25.05
  • Assets Under Administration: C$2.93 trillion
  • Total Assets Under Management: C$961.50 billion
  • Market Sentiment: 1 buy, 9 holds, 0 sells
  • Executive Comment: “Our strong momentum is supported by market-leading franchises with focused and disciplined execution of their growth strategies.”

A look at Great-West Lifeco Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Great-West Lifeco Inc., a financial services holding company specializing in life insurance, health insurance, investment, retirement savings, and reinsurance, is positioned with a well-rounded outlook based on the Smartkarma Smart Scores. With strong scores in dividend and momentum, indicating solid returns and positive market sentiment, the company stands out in its ability to provide consistent payouts to its investors and maintain upward momentum in its stock performance.

While Great-West Lifeco scores slightly lower in value, growth, and resilience, its overall outlook remains promising. The company’s focus on serving the financial security needs of individuals in Canada and the United States positions it well for long-term success in the ever-evolving financial services industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars