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Exchange Income Corporation (EIF.TO) reported a jump in first-quarter earnings on Monday, driven by record revenue for the period.The company posted record adjusted earnings, excluding most one-time items, of C$34 million, or $0.61 per share, up from $14 million, or $0.28, a year earlier. The FactSet consensus estimate expected $0.36 share.Revenue reached a record $867 million, up $198 million, or 30%, from the prior-year period. It surpassed FactSet's consensus estimate of $823.5 million.Adjusted EBITDA totaled record $166 million, a rise of of $36 million, or 28%, over the year-prior prior period.Based on the first quarter results, the company said it expects that its adjusted EBITDA for Fiscal 2026 will be in the range of $825 million to $875 million with an updated bias to the upper end of the range."This quarter reinforces a simple truth about EIC: when conditions become more volatile, our diversified portfolio and essential-service businesses provide stability. In an environment marked by geopolitical conflict, constantly shifting trade policy, rising fuel prices and uneven business sentiment, EIC delivered record results by staying focused on what we control-operational execution and taking a long-term view of our businesses. The proof is in our performance: record Revenue, record Adjusted EBITDA, record Free Cash Flow, record Free Cash Flow less Maintenance Capital Expenditures, record Net Earnings and record Adjusted Net Earnings," chief executive Mike Pyle said.Shares of the company closed down $0.85 to $97.89 on Toronto Stock Exchange.