Adjusted operating income, which Suncor said is a greater measure of underlying performance since it filters out the impact of bizarre items, was $1.33 billion, or $1.10 per share. That’s down from the year-earlier quarter, when Suncor had adjusted operating income of $1.57 billion, or $1.25 per share.
Operating income, net of royalties, was $12.04 billion for the period, down from $12.53 billion. Total upstream production was a record 909,000 barrels per day, up from 875,000 in the identical period in 2024.
ATS reports higher profits and sales for the third quarter than within the previous yr
ATS Corp. reported third-quarter net income of $30.0 million, up from $6.5 million a yr earlier, as revenue rose nearly 17%. The automation systems maker says profit for the quarter ended Dec. 28 was 30 cents per diluted share, compared with a profit of seven cents per diluted share a yr earlier.
On an adjusted basis, ATS said it made a profit of 48 cents per share in its most up-to-date quarter, in comparison with adjusted earnings of 32 cents per share a yr earlier.
Quarterly revenue was $760.7 million, a rise of $652.0 million.
According to ATS CEO Doug Wright, the outcomes reflected solid organic revenue growth across the portfolio, including continued momentum within the services sector.
The company’s backlog at the tip of last quarter was $2.05 billion, in comparison with $2.06 billion a yr ago.
Brookfield Asset Management reports fourth-quarter profit of $615 million and increases dividend
CGI Inc. reported first-quarter profit of $442.0 million, up from $438.6 million a yr earlier, as revenue rose nearly 8%. According to the business and technology consulting firm, profit for the quarter ended Dec. 31 was $2.03 per diluted share, up from $1.92 per diluted share a yr earlier.
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Revenue for the three-month period was $4.08 billion, up $3.79 billion. On an adjusted basis, CGI said it earned $2.12 per diluted share in its most up-to-date quarter, up from $1.97 per diluted share a yr ago.
Earlier this week, CGI announced a collaboration agreement with OpenAI that can be used to expand the usage of artificial intelligence across its business and help customers adopt it of their operations.
CGI has over 94,000 consultants and professionals worldwide providing business and technology consulting services.
Thomson Reuters reports fourth-quarter profit of $332 million and increases quarterly dividend by 10%
Thomson Reuters increased its dividend by 10% and reported fourth-quarter profit of $332 million, compared with $587 million a yr earlier.
The company says it should pay a quarterly dividend of 65.5 cents per share, up from 59.5 cents per share. The increased payment got here after Thomson Reuters said fourth-quarter profit for the quarter ended Dec. 31 was 74 cents per diluted share, down from $1.30 per diluted share a yr earlier.
Revenue totaled $2.01 billion, up from $1.91 billion within the fourth quarter of 2024. On an adjusted basis, the corporate posted a profit of $1.07 per share in essentially the most recent quarter, up from adjusted earnings of $1.01 per share a yr earlier, in keeping with Thomson Reuters.
According to LSEG Data & Analytics, the typical analyst estimate was for adjusted earnings of $1.06 per share.
BCE Reports Fourth-Quarter Profit attributable to Shareholders of $594 Million, Crave Subscriptions Rise 26%
BCE Inc. reported fourth-quarter profit attributable to common shareholders of $594 million as revenue fell barely from a yr earlier. The company said profit for the quarter was 64 cents per share, compared with a profit of $461 million, or 51 cents per share, a yr earlier.
