Great-West Lifeco (GWLIF) Projected to Announce Quarterly Earnings on Tuesday

Great-West Lifeco (OTCMKTS:GWLIF) is anticipated to post its resultson Tuesday, July 28th. Analysts expect the company to post earnings of $0.9670 per share and revenue of $1.0810 billion for the quarter.

Great-West Lifeco Stock Performance

OTCMKTS GWLIF opened at $65.41 on Friday. The stock’s 50-day moving average price is $61.36 and its two-hundred day moving average price is $52.95. Great-West Lifeco has a 1 year low of $36.88 and a 1 year high of $66.81.

Wall Street Analysts Forecast Growth

Several research analysts have commented on GWLIF shares. Scotiabank reiterated an “outperform” rating on shares of Great-West Lifeco in a report on Wednesday, July 15th. TD Securities restated a “buy” rating on shares of Great-West Lifeco in a report on Thursday, May 7th. BMO Capital Markets restated a “market perform” rating on shares of Great-West Lifeco in a research report on Friday, May 8th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Great-West Lifeco in a research note on Monday, May 11th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Great-West Lifeco in a research report on Friday, May 8th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Great-West Lifeco presently has a consensus rating of “Moderate Buy”.

About Great-West Lifeco

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.