Friday, August 8, 2008

Manulife Q2 2008 Earnings

RBC Capital Markets, 8 August 2008Q2/08 core EPS of $0.66 was below our $0.78 estimate and the consensus estimate of $0.72.� Three of the four core divisions were at or above expectations, with the miss mostly occurring in the corporate and reinsurance segments.� This was, like Q1/08, a disappointing quarter from a growing company operating in a tough macro environment, not a miss that causes us

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