Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Colabor Posts Q3 Loss - Quick Facts

Colabor Group Inc. (GCL.TO: Quote), Friday reported a loss for the third-quarter, particularly on charges incurred with respect to consolidation of operations.

For the three-month period, the company reported net loss of C$3.9 million or C$0.14 per share, compared with net earnings of C$3.04 million or C$0.13 per share during the same quarter last year. This year results included a C$8.1 million charge associated with the consolidation of operations.

EBITDA decreased to C$10.2 million compared with C$11.02 million a year ago.

On average, two analysts polled by Thomson Reuters expected earnings per share of C$0.09 for the quarter. Analysts' estimates typically exclude one-time items.

Revenues decreased to C$343.6 million, from prior year's C$350.3 million. Analysts expected the company to generate revenues of C$349.70 million for the quarter.

The company declared a cash dividend of C$0.06 per share, payable on November 15 to shareholders of record on October 31.

Click here to receive FREE breaking news email alerts for Colabor Group Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
This apparel maker has doubled its earnings per share in just two years and increased its annual earnings forecast from time to time, despite a challenging consumer spending environment. Contributions from acquisitions, efficiency gains from self-owned global supply chain and benefits from 'Innovate-to-Elevate' strategy continue to boost the company's results. Here is a quick summary of the earnings reported after the bell on Nov 20. We have 20+ stocks listed here. The good news is you can skip this step. There is a next move that can make your life a lot easier. Our research team has already done the groundwork for you. All these stocks listed... Design software maker Autodesk, Inc. said Thursday after the markets closed that its third quarter profit fell 81% from last year, as higher costs and expenses more than offset an 11% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.