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Shaw: Fiscal 1Q Earnings Snapshot

January 13, 2021 GMT

CALGARY, Alberta (AP) _ Shaw Communications Inc. (SJR) on Wednesday reported fiscal first-quarter profit of $121.5 million.

On a per-share basis, the Calgary, Alberta-based company said it had net income of 24 cents.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share.

The communications and media company posted revenue of $1.02 billion in the period.

Shaw shares have increased 1% since the beginning of the year. The stock has declined 12% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SJR at https://www.zacks.com/ap/SJR