TORONTO (AP) _ Sun Life Financial Inc. (SLF) on Wednesday reported first-quarter net income of $758.1 million.

On a per-share basis, the Toronto-based company said it had net income of $1.25. Earnings, adjusted for non-recurring gains, came to $1.14 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.

The financial services company posted revenue of $1.2 billion in the period.

Sun Life shares have increased 23% since the beginning of the year. The stock has climbed 71% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SLF at https://www.zacks.com/ap/SLF

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