Shaw: Fiscal Q2 Earnings Snapshot
CALGARY, Alberta (AP) _ Shaw Communications Inc. (SJR) on Wednesday reported fiscal second-quarter earnings of $170.2 million.
On a per-share basis, the Calgary, Alberta-based company said it had net income of 34 cents.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.
The communications and media company posted revenue of $1.09 billion in the period.
Shaw shares have risen 54% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $27.11, a climb of 66% in the last 12 months.