Morguard Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CAD 267.53 million compared to CAD 277.53 million a year ago. Net income was CAD 130.45 million compared to net loss of CAD 34.69 million a year ago.

Basic earnings per share from continuing operations was CAD 12.06 compared to basic loss per share from continuing operations of CAD 3.15 a year ago. Diluted earnings per share from continuing operations was CAD 12.06 compared to diluted loss per share from continuing operations of CAD 3.15 a year ago.