Empire Company Limited (EMP_A.TO) announced a profit for second quarter that beat the Street estimates.
The company's earnings came in at C$173.4 million, or C$0.73 per share. This compares with C$181.1 million, or C$0.72 per share, in last year's second quarter.
Excluding items, Empire Company Limited reported adjusted earnings of C$173.4 million or C$0.73 per share for the period.
Analysts on average had expected the company to earn C$0.66 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 0.3% to C$7.777 billion from C$7.751 billion last year.
Empire Company Limited earnings at a glance (GAAP) :
-Earnings (Q2): C$173.4 Mln. vs. C$181.1 Mln. last year.
-EPS (Q2): C$0.73 vs. C$0.72 last year.
-Revenue (Q2): C$7.777 Bln vs. C$7.751 Bln last year.
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