Great-West Lifeco Inc
GWO: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ZP | LOCK|zqF | LOCK|%nqTfH |
Great-West Earnings: Strong Results Across the Board, With Particularly Good Inflows in Empower
Great-West Lifeco reported a strong set of numbers for the third quarter. Base earnings came in at CAD 1.2 billion, or CAD 1.33 per share, up 17% from the previous year. The firm reported adjusted return on equity of 17.7%, below its management target of 19%-plus.
