• 11/26/2024

Old Mutual Forecasts Jump in Underlying Earnings

Wall Street Journal

Old Mutual said it expected first-half adjusted headline earnings to be 20% higher on year, as higher interest rates and a recovery in equity markets helped investment returns, but headline profits would be sharply lower.

https://www.wsj.com/articles/old-mutual-limited-sees-lower-1h-headline-earnings-98303e03