Great-West Lifeco (GWLIF) Projected to Post Quarterly Earnings on Wednesday

Great-West Lifeco (OTCMKTS:GWLIF) is expected to be issuing its results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $0.9390 per share and revenue of $1.0654 billion for the quarter.

Great-West Lifeco Price Performance

GWLIF opened at $54.20 on Monday. The firm has a 50-day simple moving average of $48.25 and a two-hundred day simple moving average of $46.73. Great-West Lifeco has a 52 week low of $32.87 and a 52 week high of $54.28.

Wall Street Analysts Forecast Growth

GWLIF has been the subject of several research reports. Jefferies Financial Group raised shares of Great-West Lifeco to a “buy” rating in a report on Thursday, February 12th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Great-West Lifeco in a report on Friday, February 13th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Great-West Lifeco in a report on Thursday, January 8th. Scotiabank reaffirmed an “outperform” rating on shares of Great-West Lifeco in a report on Wednesday. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Great-West Lifeco in a report on Friday, February 13th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Great-West Lifeco Company Profile

Great-West Lifeco Inc, trading on the OTCMKTS under the symbol GWLIF, is a Canadian-based financial services holding company. Headquartered in Winnipeg, Manitoba, it operates as a subsidiary of Power Financial Corporation and offers a broad range of insurance, retirement, and investment solutions. The company traces its heritage to the founding of Great-West Life Assurance Company in 1891 and was organized as a distinct holding entity in 2003 to oversee its growing global operations.

The firm’s primary lines of business include life, health and group insurance, as well as retirement savings products and employee benefit plans.