MacDonald, Dettwiler and Associates Ltd. (MDA.TO) posted first-quarter net earnings of C$33 million or C$1.05 per share, compared to C$28 million or C$0.69 per share last year.
Operating earnings were C$29 million or C$0.92 per share, up from C$27 million or C$0.65 per share in the same quarter last year. On average, eleven analysts polled by Thomson Reuters expected the company to earn C$0.88 per share. Analysts' estimates typically exclude special items.
Revenues dropped to C$172 million from C$206 million in the comparable quarter last year, while eight analysts expected revenues of C$186.89 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.