Sun Life Financial Future Growth
Future criteria checks 2/6
Sun Life Financial is forecast to grow earnings and revenue by 7.4% and 8.3% per annum respectively. EPS is expected to grow by 8.5% per annum. Return on equity is forecast to be 18.3% in 3 years.
Key information
7.4%
Earnings growth rate
8.5%
EPS growth rate
| Insurance earnings growth | 9.1% |
| Revenue growth rate | 8.3% |
| Future return on equity | 18.3% |
| Analyst coverage | Good |
| Last updated | 10 Mar 2024 |
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 49,327 | 4,191 | N/A | 11,182 | 1 |
| 12/31/2025 | 47,246 | 4,073 | N/A | 10,593 | 1 |
| 12/31/2024 | 45,372 | 3,795 | N/A | 9,905 | 1 |
| 12/31/2023 | 30,850 | 3,086 | 5,440 | 5,612 | N/A |
| 9/30/2023 | 26,402 | 3,691 | 2,967 | 3,123 | N/A |
| 6/30/2023 | 25,254 | 2,931 | 2,998 | 3,108 | N/A |
| 3/31/2023 | 24,616 | 3,201 | 4,753 | 4,802 | N/A |
| 12/31/2022 | 27,767 | 2,871 | 4,311 | 4,311 | N/A |
| 9/30/2022 | 32,958 | 2,784 | 1,375 | 1,397 | N/A |
| 6/30/2022 | 34,650 | 3,692 | 354 | 397 | N/A |
| 3/31/2022 | 40,484 | 3,662 | -1,409 | -1,315 | N/A |
| 12/31/2021 | 35,688 | 3,934 | -1,938 | -1,857 | N/A |
| 9/30/2021 | 34,342 | 3,600 | 1,204 | 1,303 | N/A |
| 6/30/2021 | 35,864 | 3,331 | 3,451 | 3,573 | N/A |
| 3/31/2021 | 38,381 | 2,950 | 6,269 | 6,396 | N/A |
| 12/31/2020 | 43,337 | 2,404 | 7,095 | 7,253 | N/A |
| 9/30/2020 | 40,213 | 2,379 | 7,550 | 7,713 | N/A |
| 6/30/2020 | 39,797 | 2,310 | 4,602 | 4,738 | N/A |
| 3/31/2020 | 34,757 | 2,386 | 3,425 | 3,545 | N/A |
| 12/31/2019 | 39,679 | 2,618 | 2,360 | 2,474 | N/A |
| 9/30/2019 | 39,334 | 2,479 | 2,617 | 2,737 | N/A |
| 6/30/2019 | 35,716 | 2,365 | 3,543 | 3,675 | N/A |
| 3/31/2019 | 32,396 | 2,476 | 2,061 | 2,177 | N/A |
| 12/31/2018 | 26,997 | 2,522 | 3,749 | 3,834 | N/A |
| 9/30/2018 | 27,465 | 2,149 | 2,519 | 2,601 | N/A |
| 6/30/2018 | 27,022 | 2,399 | 2,020 | 2,113 | N/A |
| 3/31/2018 | 28,318 | 2,267 | 2,893 | 3,032 | N/A |
| 12/31/2017 | 29,334 | 2,149 | 1,802 | 1,984 | N/A |
| 9/30/2017 | 23,052 | 2,670 | N/A | 2,711 | N/A |
| 6/30/2017 | 25,389 | 2,590 | N/A | 2,721 | N/A |
| 3/31/2017 | 26,800 | 2,496 | N/A | 2,729 | N/A |
| 12/31/2016 | 28,573 | 2,485 | N/A | 3,668 | N/A |
| 9/30/2016 | 31,774 | 2,293 | N/A | 4,027 | N/A |
| 6/30/2016 | 28,575 | 2,038 | N/A | 4,652 | N/A |
| 3/31/2016 | 20,724 | 2,284 | N/A | 3,892 | N/A |
| 12/31/2015 | 19,274 | 2,185 | N/A | 4,461 | N/A |
| 9/30/2015 | 21,082 | 2,151 | N/A | 2,661 | N/A |
| 6/30/2015 | 22,003 | 2,104 | N/A | 2,354 | N/A |
| 3/31/2015 | 26,636 | 1,803 | N/A | 2,527 | N/A |
| 12/31/2014 | 25,764 | 1,762 | N/A | 1,804 | N/A |
| 9/30/2014 | 23,099 | 1,831 | N/A | 1,755 | N/A |
| 6/30/2014 | 21,641 | 1,720 | N/A | 1,412 | N/A |
| 3/31/2014 | 16,544 | 1,686 | N/A | -178 | N/A |
| 12/31/2013 | 13,874 | 1,696 | N/A | 627 | N/A |
| 9/30/2013 | 13,472 | 1,409 | N/A | 1,055 | N/A |
| 6/30/2013 | 14,268 | 1,526 | N/A | -40 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SNLI.F's forecast earnings growth (7.4% per year) is above the savings rate (2.3%).
Earnings vs Market: SNLI.F's earnings (7.4% per year) are forecast to grow slower than the US market (13.5% per year).
High Growth Earnings: SNLI.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: SNLI.F's revenue (8.3% per year) is forecast to grow faster than the US market (8.2% per year).
High Growth Revenue: SNLI.F's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SNLI.F's Return on Equity is forecast to be low in 3 years time (18.3%).