Enbridge Income Fund Holdings (T.ENF, StockForum) brings forward third quarter results with quarterly earnings totaling $21.5 million or $0.38 per share, up from 2012 Q3 total of $14.6 million or $0.37 per share. There was an 8% income fund distribution increase during the quarter. Generated cash available for distribution hit $57 million during the quarter and $198.2 million for year-to-date.
Toromont Industries (T.TIH, StockForum) works up net earnings during Q3 2013 to the tune of 34% to $43.5 million from $32.5 million in Q3 2012 and a 20% increase in revenue arriving at $498.3 million from $415 million during the same period last fiscal cycle. Nine-month revenues were also up 10% to $1.1862 billion from $1.0761 billion from the matching 2012 period with net earnings climbing 18% from $74.8 million during 2012 to $88.6 million.
Morguard REIT (T.MRT.UN, StockForum) gains ground during third quarter with quarterly funds from operations coming to $24.3 million from $22.4 million in the same 2012 quarter. Nine-month funds from operations totaled $73.6 million, coming up from $61.8 million in the matching 2012 period. Net income for the quarter and nine-month stretch was recorded at $31.7 million and $158.8 million from $53 million and $143.9 million respectively.
Aecon Group (T.ARE, StockForum) releases third quarter results with revenues going up 9% or $77 million since the same quarter in 2012. Adjusted EBITDA bounced to $79.5 million for the quarter based on revenues of $897.3 million making a margin of 8.9%. Operating profit climbed to $57.6 million from $52.1 million in the previous quarter. Backlog sits still at $2.1 billion.
Chesswood Group (T.CHW, StockForum) reports Q3 results with net income rising to $2.872 million from $1.558 million in the same 2012 quarter with nine-month net income jumping to $9.195 million from $5.766 million in the matching 2012 period. Quarterly earnings per share topped out at $0.25 per share from $0.14 per share in the Q3 2012 and nine-month earnings making a significant jump from $0.51 per share in 2012 to $0.81 per share in 2013.
AGF Management (T.AGF.B, StockForum) opens books on quarter with total assets under management rising $0.5 billion to $36.9 billion from $36.4 billion last month, a change of 1.4%. Year-over-year AUM numbers dropped 10.7% to $41.3 billion from 2012. Domestic equity funds dropped 48.7% for year over year with US and International Equity Funds jumping 51.9%.
HSBC Bank of Canada (T.HSB.PR.C, StockForum) releases third quarter results with an increase of 3% in quarterly profit before income tax expense to $251 million over Q3 2012. Year-to-date sees a profit before income tax expense of $702 million – a 13% decrease since the matching 2012 period. Profits attributable to shareholders was tabulated at $168 million for the quarter and the nine-month period produced $452 million of profit attributable to shareholders.
Foraco International SA (T.FAR, StockForum) reports Q3 2013 results with revenue for the quarter dropping 36% from $103.2 million in the matching 2012 quarter to US$66.2 million. Gross profit also dipped 5% from US$20.6 million or 20% to US$9.9 million or 15% in the same 2012 quarter. Year-to-date numbers were equally grim, bringing in US$200.6 million compared to US$298 million made in the matching 2012 period.
Pattern Energy Group (T.PEG, StockForum) puts out third quarter results with electricity sales up 32% from 352.9 Gwh in the same 2012 quarter to 464.8 Gwh. Revenue rocketed 239% from $16.9 million in the matching 2012 period to $57.3 million. Net income came to $4.2 million compared to the net loss of $16.9 million reported in the same period last year. Cash available for distribution totaled out at $6.3 million over $1.2 million reported for the same period in 2012.
Cineplex (T.CGX, StockForum) opens books on third quarter with $298.4 million in total quarterly revenues compared to $281.1 million reported in the same 2012 quarter. Net income for the quarter dropped 49.7% from $51.7 million in the matching period in 2012 to $26 million. Earnings per share also fell 51.2% from $0.84 per share in the same period in 2012 to $0.41 per share. Year-to-date numbers show 2013 6.8% up to $848.1 million from $793.8 million for the same period in 2012.