Saturday, December 16, 2017

SFC, GHL earnings lower*


This week, we at Bourse review the performance of two stocks in the non-banking sector — Sagicor Financial Corporation Ltd (SFC) and Guardian Holdings Ltd (GHL) — for the third quarter ended September, 2017. Not surprisingly, both firms were negatively impacted by claims arising from the two major hurricanes during the period. We discuss the performance of both companies and provide an outlook. Sagicor Financial  Corporation Ltd (sfc)  SFC reported fully diluted Earnings Per Share (EPS) from continuing operations of TT$1.03 for the nine-month (9M) ended September 2017, 1.2 per cent lower than TT$1.04 in 9M 2016.

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