Quebecor Inc. Q4 Profit Rises

Quebecor Inc. (QBR_A.TO) released earnings for its fourth quarter that increased from the same period last year

The company's bottom line came in at C$177.7 million, or C$0.76 per share. This compares with C$146.2 million, or C$0.63 per share, last year.

The company's revenue for the period fell 0.3% to C$1.499 billion from C$1.504 billion last year.

Quebecor Inc. earnings at a glance (GAAP) :

-Earnings: C$177.7 Mln. vs. C$146.2 Mln. last year.
-EPS: C$0.76 vs. C$0.63 last year.
-Revenue: C$1.499 Bln vs. C$1.504 Bln last year.

For the fourth quarter, the company recorded adjusted income from operating activities of C$186.6 million or C$0.80 per basic share, compared with C$167.5 million or C$0.73 per basic share a year ago.

The Board will pay a quarterly dividend of C$0.35 per share on April 8 to shareholders of record as of March 14.

by RTTNews Staff Writer

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