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

Great-West Lifeco (OTCMKTS:GWLIF) is projected to issue its resultson Tuesday, July 28th. Analysts expect Great-West Lifeco to post earnings of $0.9660 per share and revenue of $1.0810 billion for the quarter.

Great-West Lifeco Trading Down 1.7%

Shares of GWLIF stock opened at $65.11 on Tuesday. The business’s 50 day simple moving average is $60.61 and its 200 day simple moving average is $52.53. Great-West Lifeco has a one year low of $36.88 and a one year high of $66.81.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. BMO Capital Markets restated a “market perform” rating on shares of Great-West Lifeco in a research report on Friday, May 8th. Scotiabank reiterated an “outperform” rating on shares of Great-West Lifeco in a research report on Wednesday, July 15th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Great-West Lifeco in a research note on Monday, May 11th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Great-West Lifeco in a report on Friday, May 8th. Finally, TD Securities reaffirmed a “buy” rating on shares of Great-West Lifeco in a research report on Thursday, May 7th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently 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.