(RTTNews) - Hydro One Ltd. (H.TO) reported a profit for its third quarter that Increased, from last year and beat the Street estimates.
The company's bottom line totaled C$421 million, or C$0.70 per share. This compares with C$371 million, or C$0.62 per share, last year.
Analysts on average had expected the company to earn C$0.66 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.6% to C$2.29 billion from C$2.19 billion last year.
Hydro One Ltd. earnings at a glance (GAAP) :
-Earnings: C$421 Mln. vs. C$371 Mln. last year. -EPS: C$0.70 vs. C$0.62 last year. -Revenue: C$2.29 Bln vs. C$2.19 Bln last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
