Shaw Communications Inc. Q4 Profit Advances, Beats estimates

Shaw Communications Inc. (SJR) released earnings for its fourth quarter that increased from the same period last year.

The company's profit totaled C$252 million, or C$0.54 per share. This compares with C$175 million, or C$0.34 per share, in last year's fourth quarter.

Analysts had expected the company to earn C$0.33 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.2% to C$1.38 billion from C$1.35 billion last year.

Shaw Communications Inc. earnings at a glance:

-Earnings (Q4): C$252 Mln. vs. C$175 Mln. last year.
-EPS (Q4): C$0.54 vs. C$0.34 last year.
-Analysts Estimate: C$0.33
-Revenue (Q4): C$1.38 Bln vs. C$1.35 Bln last year.

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