(RTTNews) - Toromont Industries Ltd. (TIH.TO) released earnings for its third quarter that Increased, from last year and beat the Street estimates.
The company's earnings came in at C$140.61 million, or C$1.72 per share. This compares with C$130.95 million, or C$1.59 per share, last year.
Analysts on average had expected the company to earn C$1.58 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 1.5% to C$1.31 billion from C$1.33 billion last year.
Toromont Industries Ltd. earnings at a glance (GAAP) :
-Earnings: C$140.61 Mln. vs. C$130.95 Mln. last year. -EPS: C$1.72 vs. C$1.59 last year. -Revenue: C$1.31 Bln vs. C$1.33 Bln last year.
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