Sun Life reported quarterly EPS of C$2.05, slightly above the C$2.02 estimate. The result extends a run of earnings that have generally met or beaten expectations. The supplied calendar data does not include revenue figures.
Sun Life Financial Inc. (TSX: SLF) reported earnings after market close on November 4 for the quarter ended September 30, 2026. Calendar data shows EPS of C$2.05 against an estimate of C$2.02, a 1.49% beat. It was the fourth straight quarter without an estimate miss: SLF.TO beat estimates in three of the past four comparable quarters and matched them once. For Canadian investors, the result adds to the company’s earnings record, but the available data has no revenue estimate or reported revenue figure for comparison.
Recent earnings trend
Sun Life Financial Inc.
SLF.TO
SLF.TO
Sun Life Financial Inc.
WealthAwesomeMarket cap
$57.87B
P/E
19.5x
Div. yield
3.72%
Div. / share
$3.76
52W high
$117.96
52W low
$77.73
1W change
-7.62%
Beta
0.76
Analyst Price Targets
Based on analyst covering SLF · as of Nov 10, 2026
Wall Street analysts forecast SLF stock price to rise 7.6% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$112.08
+7.6% Upside
Previously C$114.62 on Nov 9, 2026
Current Price
C$104.19
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SLF's historical volatility
30-Day Vol
36.3%
Annualized
90-Day Vol
24.9%
Annualized
Trend (90d)
-29.4%
Annualized drift
90d Mean
C$93.80
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$100.60 | C$88.76 – C$114.03 |
| 60 trading days | C$97.14 | C$81.37 – C$115.97 |
| 90 trading days | C$93.80 | C$75.50 – C$116.53 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 10 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-12-31 | 2027-02-09 | — | 2.0500 | — |
| 2026-09-30 | 2026-11-04 | 2.0500 | 2.0200 | +1.5% |
| 2026-06-30 | 2026-08-06 | 2.0200 | 1.9400 | +4.1% |
| 2026-03-31 | 2026-05-06 | 1.8900 | 1.8900 | +0.0% |
| 2025-12-31 | 2026-02-11 | 1.9600 | 1.8700 | +4.8% |
| 2025-09-30 | 2025-11-05 | 1.8600 | 1.8300 | +1.6% |
Investor takeaway: Sun Life posted a modest EPS beat, but the figures don’t give a complete picture of the quarter. Revenue and margins were not supplied. EPS has beaten estimates in three of the last four quarters, and the latest consensus forecast called for year-over-year growth of 8.8%. Shares closed at C$104.19 on November 9, below their 50-day average and above their 200-day average. Analyst targets and a separate statistical price model offer different points of reference, not guarantees or investment advice.
C$2.05 EPS
Sun Life’s calendar EPS was C$0.03 above the C$2.02 estimate, a 1.49% surprise. The estimate range was C$1.96 to C$2.09, based on 10 analysts. The reported result fell within that range.
Bull case
Sun Life’s latest EPS beat continues a pattern of meeting or exceeding estimates. The company beat in three of its last four reported quarters. The calendar also puts estimated year-over-year EPS growth at 8.8%. Sun Life operates in insurance and financial services, and recent company news describes plans to expand its life and wealth-protection offerings in Asian markets. Its stated dividend yield is 3.72%, which may appeal to income-focused investors. But the supplied earnings data doesn’t show whether the dividend is covered or likely to grow.
Bear case
The beat was small, at 1.49%, and the supplied calendar has no revenue estimate or revenue-growth forecast. EPS alone doesn’t show whether business growth, margins or other factors drove the result. The share price has also been mixed recently: it was down 7.62% over one week and 5.13% over one month, based on the supplied data. Sun Life’s P/E of about 19.5 is another valuation factor, but there’s no comparable peer valuation in the available information.
Analysis
Sun Life reported calendar EPS of C$2.05 for the quarter ended September 30, compared with an estimate of C$2.02. The C$0.03 difference was a 1.49% beat. Based on 10 analysts, the estimate range was C$1.96 to C$2.09. The result landed within the range, not above its high end.
The supplied earnings calendar has no revenue estimate or revenue-growth forecast, and it doesn’t include quarterly margins. Treat EPS as one part of the earnings picture, not a complete measure of the quarter.
Sun Life beat estimates in three of its last four reported quarters and matched them in the other. The previous comparisons were C$2.02 versus C$1.94 for June 30, C$1.89 versus C$1.89 for March 31, and C$1.96 versus C$1.87 for December 31. The automatically inserted earnings trend table and chart show the broader record.
Analysis
The calendar lists year-ago EPS of C$1.86 and estimated EPS growth of 8.8%. The latest consensus changed little over the previous month, moving from C$2.01 to C$2.02. During that period, estimates were revised up four times and down twice. These are estimates and revision data, not a substitute for reported revenue, margins or management commentary.
Sun Life is a financial services company with insurance and wealth businesses. Recent company news describes new protection and wealth offerings in Asian markets, including products in Indonesia, Malaysia, Hong Kong and the Philippines. This provides context for the company’s broader activity, but the supplied earnings figures don’t show how those initiatives contributed to this quarter’s EPS.
For Canadian shareholders, the stated dividend yield is 3.72%. Yield alone doesn’t show whether a payout is sustainable. Investors assessing the income should also review cash flows, capital needs and the company’s dividend policy. The supplied snapshot lists a P/E of about 19.5 and trailing EPS of C$5.34.
Analysis
Sun Life closed at C$104.19 on November 9. The price was below its 50-day moving average of C$111.20 and above its 200-day average of C$102.44. The supplied figures show a 3.06% gain for the day, alongside declines of 7.62% over one week and 5.13% over one month. These figures cover the stated periods and shouldn’t be read as a reaction to the earnings release.
Analyst price targets: The average analyst target is C$112.08, or 7.6% above the C$104.19 close. The supplied rating label is “Moderately Bullish,” based on the average target compared with the last close. A formal rating is unavailable for Canadian listings. See the analyst ratings for SLF.
Wealth Awesome price forecast: Wealth Awesome’s statistical 90-day model gives a mean forecast of C$93.80. Its 68% range is C$75.50 to C$116.53, and its 95% range is C$60.77 to C$144.77. The model’s annualized drift is -29.4%, with 30-day volatility of 36.3%. This statistical model is not financial advice or a price target. See the SLF price prediction and the Sun Life stock page for more context.
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