Intact Financial Corp (IFC.TO) announced a profit for first quarter that beat the Street estimates.
The company's bottom line totaled C$676 million, or C$3.68 per share. This compares with C$673 million, or C$3.69 per share, last year.
Excluding items, Intact Financial Corp reported adjusted earnings of C$734 million or C$4.01 per share for the period.
Analysts on average had expected the company to earn C$3.52 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 4.7% to C$5.11 billion from C$5.36 billion last year.
Intact Financial Corp earnings at a glance (GAAP) :
-Earnings: C$676 Mln. vs. C$673 Mln. last year.-EPS: C$3.68 vs. C$3.69 last year.-Revenue: C$5.11 Bln vs. C$5.36 Bln last year.
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