Momentum expects headline earnings to surge as pandemic eases

Life insurer Momentum Metropolitan bounced back from the Covid-19 pandemic as its normalised headline earnings shot up after fewer deaths claims.

The company reported on Tuesday that its normalised headline earnings, a profit measure that strips out impairments and one-off items, jumped 73.3% year on year to R1.23bn for the three months to end-September...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Naspers warns of massive drop in earningsNaspers has warned shareholders to expect a massive drop in earnings when it reports its interim results this week.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

Pepkor reports 20% surge in full-year earningsValue retail group Pepkor reported a more than 20% rise in headline earnings per share on Tuesday, despite floods in KwaZulu-Natal and the riots of July 2021 having weighed on its revenue growth. Moneyweb PepkorEarnings NtandoThukwana
Source: Moneyweb - 🏆 5. / 77 Read more »