Power Corp. of Canada (POW.TO) Wednesday reported first-quarter profit of $225 million or $0.49 per share, down from $260 million or $0.57 per share in the same period last year.
Operating earnings improved to $247 million or $0.54 per share from $205 million or $0.45 per share last year.
On average, six analysts polled by Thomson Reuters expected the company to earn $0.51 per share for the quarter. Analysts' estimates typically exclude special items.
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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.