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Husky Energy Inc. Q1 adjusted earnings Beat Estimates

Husky Energy Inc. (HSE.TO) released earnings for its first quarter that increased from last year.

The company's profit came in at C$248 million, or C$0.24 per share. This compares with C$71 million, or C$0.07 per share, in last year's first quarter.

Excluding items, Husky Energy Inc. reported adjusted earnings of $245 million or $0.24 per share for the period.

Analysts had expected the company to earn C$0.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Husky Energy Inc. earnings at a glance:

-Earnings (Q1): $245 Mln. vs. $73 Mln. last year.
-EPS (Q1): $0.24 vs. $0.07 last year.
-Analysts Estimate: C$0.22

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