MONTREAL (AP) _ Gildan Activewear Inc. (GIL) on Thursday reported second-quarter net income of $146.4 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Montreal-based company said it had profit of 74 cents. Earnings, adjusted for non-recurring gains, came to 68 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share.

The apparel maker posted revenue of $747.2 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $708 million.

Gildan shares have increased 26% since the beginning of the year. The stock has climbed 97% in the last 12 months.

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

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