Great-West Lifeco Inc
GWO: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| px< | LOCK|b<T | LOCK|MxV<>j |
Great-West Earnings: Strong Quarter, but Shares Remain Richly Valued
Great-West Lifeco reported a strong first quarter. Base earnings came in at CAD 1.37 per share, up 23% from the previous year. The results translated into a strong adjusted return on equity of 19.1%, meeting management's target of 19%-plus.
