Tuesday, Power Corporation of Canada (POW.TO) announced its first-quarter financial results, reporting net earnings of C$820 million or C$1.29 per share, compared to C$689 million or C$1.07 per share in the previous year.
On an adjusted basis, earnings were C$905 million or C$1.43 per share, compared to C$787 million or C$1.22 per share in the prior year.
Currently, POW is trading at C$80.09, up 2.10 percent on the Toronto Exchange.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.