(Bloomberg) -- Manulife Financial Corp.’s Canadian business boosted profit last quarter on the back of rising sales and lower-than-expected benefit use, cushioning the toll that continued Covid-19 restrictions are taking on its Asian operations. Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyThe Fed’s Damage to the Housing Market May Last YearsGarland Seeks to Unseal Trump Warrant, Says He Approved SearchChina Has Painted Itself Into a Semiconductor CornerThe
Manulife (MFC) Q2 results reflect lower new business gains across insurance segments, lower in-force earnings in U.S. Annuities and lower fee spread in Global WAM.
Manulife (MFC) delivered earnings and revenue surprises of 1.67% and 4.6%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?