Investing.com - Richelieu Hardware reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Richelieu Hardware announced earnings per share of C$0.82 on revenue of C$472.88M. Analysts polled by Investing.com anticipated EPS of C$0.68 on revenue of C$453.94M.
Richelieu Hardware shares are down 10% from the beginning of the year, still down 23.82% from its 52 week high of C$51.52 set on February 9.
Richelieu Hardware shares gained 0.36% in intra-day trade following the report.
Richelieu Hardware follows other major Industrials sector earnings this month
Richelieu Hardware's report follows an earnings missed by Electrovaya Inc. on Wednesday, who reported EPS of C$-0.005 on revenue of C$9.7M, compared to forecasts EPS of C$0.00 on revenue of C$10.4M.
Blackline Safety had missed expectations on September 14 with third quarter EPS of C$-0.27 on revenue of C$18.6M, compared to forecast for EPS of C$-0.205 on revenue of C$18.58M.
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