WSP Global Inc. Q3 Profit Increases, Beats Estimates

(RTTNews) - WSP Global Inc. (WSP.TO) revealed earnings for its third quarter that Increased from last year and beat the Street estimates.

The company's bottom line totaled C$284.5 million, or C$2.17 per share. This compares with C$203.6 million, or C$1.63 per share, last year.

Excluding items, WSP Global Inc. reported adjusted earnings of C$368.8 million or C$2.82 per share for the period.

Analysts on average had expected the company to earn C$2.74 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 15.5% to C$3.463 billion from C$2.997 billion last year.

WSP Global Inc. earnings at a glance (GAAP) :

-Earnings: C$284.5 Mln. vs. C$203.6 Mln. last year. -EPS: C$2.17 vs. C$1.63 last year. -Revenue: C$3.463 Bln vs. C$2.997 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.

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