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Shaw: Fiscal 4Q Earnings Snapshot

CALGARY, Alberta (AP) _ Shaw Communications Inc. (SJR) on Thursday reported fiscal fourth-quarter earnings of $153 million.

The Calgary, Alberta-based company said it had net income of 30 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.

The communications and media company posted revenue of $1.02 billion in the period, which met Street forecasts.

For the year, the company reported profit of $45.9 million, or 8 cents per share. Revenue was reported as $4.01 billion.

Shaw shares have declined 18 percent since the beginning of the year. The stock has decreased 13 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