Great-West Lifeco (GWLIF) Expected to Announce Quarterly Earnings on Wednesday

Great-West Lifeco (OTCMKTS:GWLIF) is anticipated to release its results after the market closes on Wednesday, November 4th. Analysts expect the company to post earnings of $1.01 per share and revenue of $1.09 billion for the quarter.

Great-West Lifeco Stock Performance

Shares of GWLIF stock opened at $65.19 on Wednesday. The firm’s 50 day moving average price is $64.79 and its 200-day moving average price is $56.94. Great-West Lifeco has a one year low of $42.06 and a one year high of $67.52.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on GWLIF shares. TD Securities reiterated a “buy” rating on shares of Great-West Lifeco in a report on Wednesday, July 29th. Scotiabank restated an “outperform” rating on shares of Great-West Lifeco in a research note on Wednesday, July 15th. Royal Bank Of Canada restated a “sector perform” rating on shares of Great-West Lifeco in a research note on Thursday, July 30th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Great-West Lifeco in a research report on Thursday, July 30th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Great-West Lifeco presently has a consensus rating of “Moderate Buy”.

About Great-West Lifeco

Great-West Lifeco Inc is a Canadian financial services holding company that provides insurance, retirement, investment and asset-management solutions through subsidiaries and affiliated businesses. Its offerings include life and health insurance, wealth management, annuities, workplace retirement plans, individual investment products and reinsurance services.

The company serves individual, employer and institutional customers through operations in Canada, the United States and Europe. Its principal businesses include Canada Life in Canada and the United Kingdom, Empower in the United States, Irish Life in Ireland and Great-West Life and Annuity Insurance-related operations.