Power Corporation Of Canada Q3 Income Declines

Power Corporation of Canada (POW.TO) released a profit for third quarter that decreased from last year

The company's earnings came in at C$371 million, or C$0.58 per share. This compares with C$997 million, or C$1.50 per share, in last year's third quarter.

Excluding items, Power Corporation of Canada reported adjusted earnings of C$542 million or C$0.84 per share for the period.

Power Corporation of Canada earnings at a glance (GAAP) :

-Earnings (Q3): C$371 Mln. vs. C$997 Mln. last year.
-EPS (Q3): C$0.58 vs. C$1.50 last year.

by RTTNews Staff Writer

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