High Liner Foods Incorporated (HLF.TO) reported earnings for third quarter that Decreased from last year and missed the Street estimates.
The company's bottom line came in at C$4.77 million, or C$0.16 per share. This compares with C$18.35 million, or C$0.61 per share, last year.
Excluding items, High Liner Foods Incorporated reported adjusted earnings of C$4.07 million or C$0.14 per share for the period.
Analysts on average had expected the company to earn C$0.3 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 8.6% to C$248.62 million from C$228.88 million last year.
High Liner Foods Incorporated earnings at a glance (GAAP) :
-Earnings: C$4.77 Mln. vs. C$18.35 Mln. last year.-EPS: C$0.16 vs. C$0.61 last year.-Revenue: C$248.62 Mln vs. C$228.88 Mln last year.
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