Great-West Lifeco Inc (TSE:GWO) – Equities researchers at Desjardins reduced their Q3 2017 EPS estimates for shares of Great-West Lifeco in a research note issued on Tuesday. Desjardins analyst D. Young now forecasts that the company will post earnings of $0.72 per share for the quarter, down from their previous forecast of $0.76. Desjardins also issued estimates for Great-West Lifeco’s Q4 2017 earnings at $0.76 EPS, FY2017 earnings at $2.78 EPS, FY2018 earnings at $3.10 EPS and FY2019 earnings at $3.28 EPS.

Separately, Barclays PLC increased their price objective on shares of Great-West Lifeco from C$36.00 to C$37.00 in a research report on Wednesday, July 12th. One analyst has rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. Great-West Lifeco has an average rating of “Hold” and a consensus price target of C$36.70.

COPYRIGHT VIOLATION NOTICE: “Great-West Lifeco Inc (GWO) to Post Q3 2017 Earnings of $0.72 Per Share, Desjardins Forecasts” was reported by Daily Political and is the sole property of of Daily Political. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.dailypolitical.com/2017/10/12/great-west-lifeco-inc-gwo-to-post-q3-2017-earnings-of-0-72-per-share-desjardins-forecasts.html.

Shares of Great-West Lifeco (TSE GWO) opened at 36.27 on Thursday. Great-West Lifeco has a 1-year low of $32.50 and a 1-year high of $37.79. The company has a market cap of $35.90 billion and a P/E ratio of 14.21. The stock’s 50 day moving average is $35.00 and its 200 day moving average is $35.20.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 1st were issued a dividend of $0.367 per share. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $1.47 dividend on an annualized basis and a yield of 4.05%.

In other Great-West Lifeco news, insider Lifeco U.S. Holding Great-West bought 81,387 shares of Great-West Lifeco stock in a transaction on Saturday, September 30th. The shares were bought at an average cost of C$35.62 per share, for a total transaction of C$2,899,004.94.

Great-West Lifeco Company Profile

Great-West Lifeco Inc (Lifeco) is a financial services holding company. The Company has interests in the life insurance, health insurance, asset management, investment and retirement savings, and reinsurance businesses. It operates through four operating segments: Canada, United States, Europe and Lifeco Corporate.

Earnings History and Estimates for Great-West Lifeco (TSE:GWO)

Receive News & Ratings for Great-West Lifeco Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great-West Lifeco Inc and related companies with MarketBeat.com's FREE daily email newsletter.