Definity Financial Corporation Reports Advance In Q3 Income, Beats Estimates

(RTTNews) - Definity Financial Corporation (DFY.TO) reported earnings for its third quarter that Increased, from the same period last year and beat the Street estimates.

The company's earnings came in at C$193.10 million, or C$1.59 per share. This compares with C$104.80 million, or C$0.90 per share, last year.

Analysts on average had expected the company to earn C$0.79 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 8.0% to C$1.184 billion from C$1.096 billion last year.

Definity Financial Corporation earnings at a glance (GAAP) :

-Earnings: C$193.10 Mln. vs. C$104.80 Mln. last year. -EPS: C$1.59 vs. C$0.90 last year. -Revenue: C$1.184 Bln vs. C$1.096 Bln last year.

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