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Great-West Lifeco (GWLIF)
OTHER OTC:GWLIF
Earnings Data
Report Date
May 06, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.96Last Year’s EPS
0.81Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: record base earnings and EPS growth, robust capital generation and free cash flow, significant progress at Empower (scale and margins), active capital returns (buybacks and a 10% dividend hike), and growth across key businesses (Capital Solutions, Canada, Europe adjusted). Offsetting items included quarter-to-quarter volatility in Europe (mortality and trading), lower earnings on surplus driven by falling yields and intercompany dividends, some market-driven pressures in P&C retrocession and participant outflows affecting fee mix. On balance the positives (broad-based growth, cash generation, strong shareholder returns, and scalable AI/technology initiatives) materially outweigh the transient and manageable headwinds.Company Guidance
Record Base Earnings and EPS Growth
Delivered record base earnings for the year and third consecutive quarter; base earnings up 11% year-over-year and base earnings per share up 12% year-over-year, driving base ROE to 18.2% (up ~70 basis points).
Empower Scale and Performance
Empower crossed the USD 2 trillion mark in total client assets; Empower base earnings grew 17% year-over-year (constant currency) and Empower Wealth base earnings rose 43% year-over-year (constant currency); Empower base ROE exceeded 20% for the first time.
Total Client Assets and Higher-Margin Assets
Total client assets ended the year at $3.3 trillion, including over $1.0 trillion of higher-margin assets under management or advisement.
Strong Net Flows and Wealth Momentum
Empower reported net new asset organic growth of 14% in Wealth; planned flows in H2 2025 were USD 29 billion versus prior expectation of USD 25 billion (≈16% higher than prior expectation); record retail net flows of $4.2 billion at Irish Life.
Capital Solutions and CRS Growth
Capital and Risk Solutions: base earnings up 9% year-over-year (constant currency); Capital Solutions run-rate insurance result increased 46% year-over-year in Q4 and 29% for the full year, with a robust pipeline.
Strong Capital Generation and Free Cash Flow
Base capital generation exceeded 80% of base earnings for the full year and free cash flow represented approximately 90% of base earnings, supporting capital deployment and shareholder returns.
Shareholder Returns — Buybacks and Dividend Increase
Repurchased ~28 million shares for over $1.6 billion in 2025 and repurchased $250 million so far in 2026; renewed NCIB to repurchase up to 20 million shares; increased quarterly dividend by 10% to $0.60 per share.
Balance Sheet Flexibility and Liquidity
Deployable cash at the holding company of about $2.1 billion at year-end; LICAT ratio maintained at 128% with guidance to remain above 125% in normal conditions; leverage around 28% with capacity to deploy capital.
Canadian and European Organic Growth
Canada base earnings increased 10% year-over-year driven by insurance experience gains and stronger fee income; Europe full-year base earnings surpassed $1 billion for the first time, with 7% constant-currency growth after adjustments.
Operational and Technology Progress
Continued digital and AI initiatives (e.g., Empower workplace private markets, expanded health options, CaLi AI assistant in Canada, CARA in Irish Life) and ongoing operational streamlining that generated over $2 billion in capital benefits from U.K. balance sheet optimization since 2024.
GWLIF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GWLIF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 11, 2026 | $44.13 | $44.32 | +0.43% |
Nov 05, 2025 | $41.28 | $42.20 | +2.24% |
Aug 07, 2025 | $37.78 | $37.67 | -0.29% |
May 07, 2025 | $35.38 | $35.69 | +0.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Great-West Lifeco (GWLIF) report earnings?
Great-West Lifeco (GWLIF) is schdueled to report earning on May 06, 2026, TBA (Confirmed).
What is Great-West Lifeco (GWLIF) earnings time?
Great-West Lifeco (GWLIF) earnings time is at May 06, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GWLIF EPS forecast?
GWLIF EPS forecast for the fiscal quarter 2026 (Q1) is 0.96.