Great-West Lifeco Inc

GWO: XTSE (CAN)
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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.

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