trending Market Intelligence /marketintelligence/en/news-insights/trending/aZKu-Ny39dwW9AAWRVBe-g2 content esgSubNav
In This List

Andrew Peller fiscal Q2 profit climbs 30.2% YOY

Blog

Asset Owner Perspectives on Climate Change Measurement, Management, and Reporting in Australia

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Case Study

Honing Sustainable Investing Strategies with Robust Environmental Data


Andrew Peller fiscal Q2 profit climbs 30.2% YOY

Andrew Peller Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 was 14 Canadian cents per share, an increase of 30.2% from 11 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was C$5.9 million, a gain of 30.2% from C$4.5 million in the year-earlier period.

The normalized profit margin increased to 6.9% from 5.5% in the year-earlier period.

Total revenue grew year over year to C$85.2 million from C$82.8 million, and total operating expenses totaled C$75.6 million, compared with C$75.5 million in the prior-year period.

Reported net income rose 39.4% on an annual basis to C$7.0 million, or 16 cents per share, from C$5.0 million, or 12 cents per share.