Power Corporation of Canada reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was CAD 13,424 million compared to CAD 18,584 million a year ago. Net income was CAD 435 million compared to CAD 754 million a year ago. Basic earnings per share from continuing operations was CAD 0.63 compared to CAD 1.09 a year ago. Diluted earnings per share from continuing operations was CAD 0.63 compared to CAD 1.08 a year ago.
For the nine months, revenue was CAD 33,567 million compared to CAD 50,086 million a year ago. Net income was CAD 1,466 million compared to CAD 2,330 million a year ago. Basic earnings per share from continuing operations was CAD 2.12 compared to CAD 3.38 a year ago. Diluted earnings per share from continuing operations was CAD 2.08 compared to CAD 3.36 a year ago.