Net earnings [2] were $501 million or $0.75 per share [3] for the second quarter of 2023, compared with $601 million or $0.89 per share in 2022. Adjusted net earnings [2][4] were $847 million or $1.27 per share, compared with $647 million or $0.97 per share in the second quarter of 2022. Adjusted […]
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Algonquin Power & Utilities: Q2 Earnings Snapshot
Algonquin Power & Utilities Corp. (AQN) on Thursday reported a loss of $253.2 million in its second quarter.On a per-share basis, the Oakville, Ontario-based company said it had a loss […]
Canadian Tire Corporation Reports Second Quarter 2023 Results
Consolidated comparable sales1 were up 0.1%, following strong growth of 5.0% in Q2 2022 Normalized diluted Earnings Per Share1 (“EPS”) was $3.08, compared to $3.11 in Q2 2022; Diluted EPS was $1.76, compared to $2.43 in Q2 2022 […]
WSP Global raises earnings forecast as profits soar
WSP Global Inc. WSP-T is riding high after boosting its earnings forecast for the year, buoyed by organic growth as well as recent acquisitions that have boosted revenues.Along with higher adjusted earnings, […]
Metro reports jump in sales, profit as Toronto-area strike continues
Metro Inc. MRU-T +1.23%increase has reported a jump in both sales and profits in its third quarter, as a strike among its roughly 3,700 Toronto-area grocery workers continues for a second week.The Montreal-based […]
Nuvei shares plummet 39 per cent to record low despite recent deals with Ryan Reynolds, F1 to boost global brand
Nuvei Corp. NVEI-T -39.43%decrease, which processes digital payments and is one of Canada’s best-known financial technology companies globally, watched its shares plummet 39 per cent to a record low Wednesday after slashing […]
Q2 2023 Another Stellar Quarter at Linamar with Exceptional Earnings Growth, Record Revenues and Continued Free Cash Flow
Normalized Earnings per Share1 up 55.4%; Sales up 28.8% to $2.55 billion, a new record for a quarter; Diversified strategy validated with Industrial earnings tripling over prior year, anchoring solid overall performance; […]
Aug 9: Oil hits new highs as tighter supply offsets China demand concer
Oil hit new peaks on Wednesday with Brent crude touching the highest price since April, as tighter supply owing to Saudi and Russian output cuts offset concerns over slow demand […]
Franco-Nevada: Q2 Earnings Snapshot
Franco-Nevada Corp. (FNV) on Tuesday reported second-quarter earnings of $184.5 million.The Toronto-based company said it had net income of 96 cents per share. Earnings, adjusted for non-recurring gains, came to […]