Shaw Announces Third Quarter and Year-To-Date Fiscal 2018 Results

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Shaw Communications (SJR) Q3 Revenues Above Estimates

June 28, 2018 8:07 AM EDT

Shaw Communications (NYSE: SJR) reported Q3 EPS of ($0.18), $0.40 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.01 billion.

We are pleased with another strong quarter of Wireless performance as evidenced by over 54,000 postpaid net additions and ARPU growth of almost 8% compared to a year ago. Customers continue to reward us by choosing Freedom Mobile as their wireless provider due to our differentiated value proposition led by data-centric service plans, said Brad Shaw, Chief Executive Officer. Momentum is building and we will continue to... More