Cents: Analyst Expectations and Quarter

cents: That's unchanged from the prior year when its net income was 36.2 million, according to The Toronto Star. Martinrea International Inc. earned a record 36.4 million in the third quarter Anthony Lanzilote / Bloomberg Excluding one-time items, adjusted profits rose for a 16th consecutive quarter, reaching 37.2 million or 43 cents per share, below analyst expectations but up from 36.3 million or 42 cents per share a year earlier. The Toronto-based auto parts manufacturer says it earned 42 cents per share for the period ended Sept. 30. Total sales grew 1.5 per cent to 851.1 million, from 838.5 million. Article Continued Below Executive chairman Rob Wildeboer said the company is pleased with the USMCA trade agreement involving Canada, the U.S. and Mexico, especially the automotive provisions that will support a continued strong North American automotive industry and supply base. Martinrea was expected to earn 45 cents per share on 856.2 million in revenues, according to analysts polled by Thomson Reuters Eikon. (news.financializer.com). As reported in the news.

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