Manulife Financial (MFC) reported Q1 core earnings late Wednesday of CA$0.99 ($0.72) per share, up from CA$0.91 a year earlier.
Analysts polled by FactSet expected CA$0.98.
Revenue for the quarter ended March 31 was CA$2.13 billion, up from CA$1.89 billion a year earlier.
FactSet estimates were not available for comparison.