Jewett-Cameron Trading (JCTCF) Reports Q2 EPS of $0.05
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Labor and Related Expense: 1.05M
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Jewett-Cameron Trading (NASDAQ: JCTCF) reported Q2 EPS of $0.05, versus $0.11 reported last year. Revenue for the quarter came in at $11.2 million, versus $9.5 million reported last year.
During the current quarter, the Company settled all its litigation with Greenwood Forest Products Inc. dating from the acquisition of inventory in 2003. The settlement resulted in a one-time litigation expense of $115,990, which had a negative effect on the net income for the quarter and six month periods ended February 29, 2016.
For earnings history and earnings-related data on Jewett-Cameron Trading (JCTCF) click here.
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