Great-West Lifeco Inc
GWO: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| D&! | LOCK|$dG | LOCK|&S#&!P |
Great-West Earnings: Good Wealth and Group Benefits Results, but Empower Has Large Outflows
Great-West Lifeco reported decent numbers for the second quarter. Base earnings came in at CAD 1.15 billion, or CAD 1.24 per share, up 11.7% from CAD 1.11 per share in the previous year. The firm reported adjusted return on equity of 17.4%.
