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StockNews.com
StockNews.com
Business
Anushka Mukherjee

Which Life Insurance Stock Holds More Promise for Earnings? Manulife Financial (MFC) or Primerica (PRI)

Manulife Financial Corporation (MFC) and Primerica, Inc. (PRI) are slated to disclose their fiscal fourth-quarter earnings (ended December 2023) on February 14 and February 13, respectively, after the market closes. Wall Street expects MFC’s fourth-quarter revenue to come in at $2.91 billion, while its EPS for the same quarter is projected to decline 4.1% year-over-year to $0.63.

Meanwhile, Wall Street has high expectations for PRI, with its anticipated fourth-quarter revenue climbing by 5.4% year-over-year to reach $723.85 million, while its EPS for the same quarter is forecasted to soar by 22.4% year-over-year to $4.27.

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