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Bullboard - Stock Discussion Forum Power Corporation of Canada T.POW

Alternate Symbol(s):  PWCDF | T.POW.PR.A | PWCCF | T.POW.PR.B | T.POW.PR.C | T.POW.PR.D | T.POW.PR.E | T.POW.PR.G

Power Corporation of Canada is a Canada-based international management and holding company. The Company is focused on providing financial services in North America, Europe, and Asia. Its core holdings include insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. It operates through three segments: Lifeco, IGM... see more

TSX:POW - Post Discussion

Power Corporation of Canada > pow- q4 and year results
View:
Post by bingostar on Mar 17, 2021 6:19pm

pow- q4 and year results

2 elements to retain:


1)The Corporation's net asset value per share was $41.27 at December 31, 2020, compared with $34.94 at September 30, 2020, representing an increase of 18.1%.

2)
Net earnings attributable to participating shareholders were $623 million or $0.92 per share, compared with $179 million or $0.42 per share in 2019.

Adjusted net earnings attributable to participating shareholders [1] were $627 million or $0.93 per share, compared with $357 million or $0.84 per share in 2019.

beating  analyst estimate of 0.80$ for the quarter.

Comment by Dibah420 on Mar 17, 2021 8:52pm
OK OK eps didn't go .80 to 2.80  (didn't think it would) but only to .93.  That's pretty healthy still. Beautiful sunny afternoon seduced me into a 6km promenade.  Then  cleanup and fireup the BBQ while sipping a spicy refreshing Gewurtztraminer from Alsace.  A thick juicy filet mignon with portabellos and vidalias on potatos accompanied by a full bodied Super ...more  
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