RioCan Real Estate Investment Trust reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CAD 265.9 million compared to CAD 260.19 million a year ago. Net income was CAD 3.22 million compared to CAD 137.61 million a year ago. Basic earnings per share from continuing operations was CAD 0.01 compared to CAD 0.43 a year ago. Diluted earnings per share from continuing operations was CAD 0.01 compared to CAD 0.43 a year ago.
For the nine months, sales was CAD 805.33 million compared to CAD 799.66 million a year ago. Net income was CAD 241.73 million compared to CAD 389.61 million a year ago. Basic earnings per share from continuing operations was CAD 0.79 compared to CAD 1.23 a year ago. Diluted earnings per share from continuing operations was CAD 0.79 compared to CAD 1.23 a year ago.