Tervita Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2020
Tervita Corporation announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was CAD 335 million compared to CAD 611 million a year ago. Operating income was CAD 31 million compared to CAD 33 million a year ago. Net income was CAD 11 million compared to CAD 10 million a year ago. Basic earnings per share from continuing operations was CAD 0.1 compared to CAD 0.09 a year ago. For the nine months, sales was CAD 1,036 million compared to CAD 1,732 million a year ago. Operating income was CAD 51 million compared to CAD 71 million a year ago. Net loss was CAD 21 million compared to net income of CAD 7 million a year ago. Basic loss per share from continuing operations was CAD 0.18 compared to basic earnings per share from continuing operations of CAD 0.06 a year ago.