Cargojet says its profit amounted to $1.67 per diluted share for the quarter ended March 31, compared with a loss of $56.4-million or $3.26 per diluted share a year earlier
reported a first-quarter profit of $30.5-million as its revenue edged lower to start the year.
Cargojet chief executive Ajay Virmani says the company is not immune to softening industry trends as well as the macro factors of slower economic growth, higher interest rates and persistent inflation. The company says its profit amounted to $1.67 per diluted share for the quarter ended March 31 compared with a loss of $56.4-million or $3.26 per diluted share a year earlier.On an adjusted basis, Cargojet says it earned 97 cents per share in its latest quarter, down from an adjusted profit of $1.56 per share a year earlier.
Analysts on average had expected an adjusted profit of $1.03 per share and $236.4-million in revenue, according to estimates compiled by financial markets data firm Refinitiv.Your Globe
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Man charged after jewelry stolen from homes damaged in Calgary house explosion - Calgary | Globalnews.caA man has been charged in relation to a break-in at an evacuated residence following a house explosion and fire in northeast Calgary last month. yyc
اقرأ أكثر »
BEYOND LOCAL: Guelph driver, 92, charged in incident that injured CTV reporterStephanie Villella was badly injured March 1 when she was hit by a vehicle while covering an earlier crash on Brock Road in Puslinch
اقرأ أكثر »
BEYOND LOCAL: Guelph driver, 92, charged in incident that injured CTV reporterStephanie Villella was badly injured March 1 when she was hit by a vehicle while covering an earlier crash on Brock Road in Puslinch
اقرأ أكثر »
![As Bitcoin [BTC] emerges victorious amidst banking crisis, will it reclaim $30k](https://i.headtopics.com/images/2023/4/29/cryptoamb/as-bitcoin-btc-emerges-victorious-amidst-banking-c-as-bitcoin-btc-emerges-victorious-amidst-banking-c-1652365881861701635.webp?w=640)
As Bitcoin [BTC] emerges victorious amidst banking crisis, will it reclaim $30kThe spate of banking collapses in March led investors to put their funds in the crypto market and see BTC as a hedge against traditional finance.
اقرأ أكثر »
Scams cost crypto investors millions in April 2023: ReportThe $74 million lost to crypto exploits accounted for more than half of the total $145 million lost since the beginning of 2023. The funds lost to flash loan attacks reduced by a whopping 90% as compared to March.
اقرأ أكثر »