(RTTNews) - Metro Inc. (MRU.TO) reported earnings for third quarter that beat the Street estimates.
The company's bottom line totaled C$217.0 million, or C$1.00 per share. This compares with C$219.9 million, or C$0.98 per share, last year.
Excluding items, Metro Inc. reported adjusted earnings of C$246.0 million or C$1.13 per share for the period.
Analysts on average had expected the company to earn C$1.09 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.5% to C$5.109 billion from C$4.938 billion last year.
Metro Inc. earnings at a glance (GAAP) :
-Earnings: C$217.0 Mln. vs. C$219.9 Mln. last year. -EPS: C$1.00 vs. C$0.98 last year. -Revenue: C$5.109 Bln vs. C$4.938 Bln last year.
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