Q2 2018 Results Q2 2018 and Year-to-Date Highlights:
Reported Net Income
- Q2 2018 reported net income was $90 million, or $0.38 per common share, compared with net income of $101 million, or $0.47 per common share, in Q2 2017.
- Year-to-date reported net income was $361 million, or $1.56 per common share, compared with net income of $413 million, or $1.95 per common share, in the 2017 period.
Adjusted Net Income (1)
- Q2 2018 adjusted net income was $111 million, or $0.48 per common share, compared with $117 million, or $0.55 per common share, in Q2 2017.
- Year-to-date adjusted net income was $313 million, or $1.35 per common share, compared with net income of $269 million, or $1.27 per common share, in the 2017 period.
Cash Flow
- Year-to-date operating cash flow, before changes in working capital, increased $64 million, or 9 per cent, to $767 million, compared with $703 million in the 2017 period.
Overall looks pretty awful to me. Thoughts on where this is headed over the next 2-5 years?