Hydro One Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 1,923 million compared to CAD 2,020 million a year ago. Revenue was CAD 1,934 million compared to CAD 2,031 million a year ago. Net income was CAD 357 million compared to CAD 307 million a year ago. Basic earnings per share from continuing operations was CAD 0.6 compared to CAD 0.51 a year ago. Diluted earnings per share from continuing operations was CAD 0.59 compared to CAD 0.51 a year ago.
For the nine months, sales was CAD 5,831 million compared to CAD 5,886 million a year ago. Revenue was CAD 5,865 million compared to CAD 5,918 million a year ago. Net income was CAD 904 million compared to CAD 872 million a year ago. Basic earnings per share from continuing operations was CAD 1.51 compared to CAD 1.46 a year ago. Diluted earnings per share from continuing operations was CAD 1.51 compared to CAD 1.45 a year ago.