Martinrea International Inc. (MRE.TO) reported a profit for the third quarter, with earnings totaling C$35.76 million or C$0.49 per share, beating Street estimates. Adjusted earnings were C$37.73 million or C$0.52 per share, surpassing analysts’ expectations of C$0.47 per share. The company’s revenue for the period decreased by 3.8% to C$1.190 billion. Full-year revenue guidance is between $4.8 – $5.1 billion. Earnings at a glance: Earnings of C$35.76 million, EPS of C$0.49, and revenue of C$1.190 billion.
Read more at Nasdaq: Martinrea International Inc. Q3 Profit Increases, Beats Estimates
