Transat A.T. Inc. Q1 Loss Increases

Transat A.T. Inc. (TRZ_B.TO) reported Loss for its first quarter that increased from last year

The company's earnings totaled -C$61 million, or -C$1.58 per share. This compares with -C$56.6 million, or -C$1.49 per share, in last year's first quarter.

Excluding items, Transat A.T. Inc. reported adjusted earnings of -C$81.342 million or -C$2.11 per share for the period.

The company's revenue for the quarter rose 17.7% to C$785.5 million from C$667.5 million last year.

Transat A.T. Inc. earnings at a glance (GAAP) :

-Earnings (Q1): -C$61 Mln. vs. -C$56.6 Mln. last year.
-EPS (Q1): -C$1.58 vs. -C$1.49 last year.
-Revenue (Q1): C$785.5 Mln vs. C$667.5 Mln last year.

by RTTNews Staff Writer

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