FINWIRES · TerminalLIVE
FINWIRES

AutoCanada Q2 Earnings Fall, Miss FactSet Estimate; Revenue Rises, Beats Forecast

By

AutoCanada (ACQ.TO) after the close on Wednesday reported second-quarter net income per share from continuing operations of C$0.46, compared to diluted net income per share of C$0.72 in the prior year. It missed FactSet consensus of C$0.65 per share.

Revenue from continuing operations during the period ended on June 30 stood at C$1.42 billion, up from C$1.34 billion in the same period last year, surpassing FactSet consensus of C$1.26 billion.

Company's shares closed down C$0.29 to C$22.58 on Toronto Stock Exchange on Wednesday.

Related Articles