CALGARY, Alberta (AP) _ Shaw Communications Inc. (SJR) on Tuesday reported fiscal second-quarter net income of $116.4 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Calgary, Alberta-based company said it had profit of 23 cents.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share.
The communications and media company posted revenue of $988.3 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $1.03 billion.
Shaw shares have increased 15 percent since the beginning of the year. The stock has risen 9 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SJR at https://www.zacks.com/ap/SJR