E-L Financial Corporation Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was CAD 60.35 million compared to net income of CAD 30.8 million a year ago. Basic loss per share from continuing operations was CAD 17.73 compared to basic earnings per share from continuing operations of CAD 7.59 a year ago. Diluted loss per share from continuing operations was CAD 17.73 compared to diluted earnings per share from continuing operations of CAD 7.59 a year ago.
For the nine months, net income was CAD 433.5 million compared to net loss of CAD 709.19 million a year ago. Basic earnings per share from continuing operations was CAD 121.42 compared to basic loss per share from continuing operations of CAD 199.23 a year ago. Diluted earnings per share from continuing operations was CAD 113.32 compared to diluted loss per share from continuing operations of CAD 199.23 a year ago.