Metro Inc. (MRU.TO) reported earnings for its third quarter that Increased from last year but missed the Street estimates.
The company's bottom line came in at C$323 million, or C$1.48 per share. This compares with C$296.2 million, or C$1.31 per share, last year.
Excluding items, Metro Inc. reported adjusted earnings of C$331.8 million or C$1.52 per share for the period.
Analysts on average had expected the company to earn C$1.53 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.3% to C$6.871 billion from C$6.651 billion last year.
Metro Inc. earnings at a glance (GAAP) :
-Earnings: C$323 Mln. vs. C$296.2 Mln. last year.-EPS: C$1.48 vs. C$1.31 last year.-Revenue: C$6.871 Bln vs. C$6.651 Bln last year.
The company will pay a quarterly dividend of C$0.37 per share.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.