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Sun Life Financial Inc.

10:24 AM EST - Sun Life Financial Inc. : reported a higher first-quarter profit on Tuesday. Canada's third-largest life insurer by market value reported net income of $497 million, or 86 cents a share, in the three months ended March 31, up from $491 million, or 84 cents a share, a year earlier. First-quarter operating earnings were 96 cents a share, compared with 84 cents. Analysts expected the company to report earnings before exceptional items of 96 cents, according to Reuters Estimates. Sun Life Financial Inc. shares T.SLF are trading up 99 cents at $90.92.