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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.