Shaw Announces Second Quarter and Year-To-Date Fiscal 2019 Results
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Shaw Communications (SJR) Tops Q2 EPS by 8c
April 9, 2019 8:10 AM EDTShaw Communications (NYSE: SJR) reported Q2 EPS of $0.30, $0.08 better than the analyst estimate of $0.22.
Consolidated operating income before restructuring costs and amortization1 improved 13.7% year-over-year due to continued growth in the Wireline and Wireless segmentsStrong Wireless operating income before restructuring costs and amortization performance supported by postpaid subscriber net additions of approximately 65,000 and continued average billing per subscriber unit (ABPU) 2 growth of 7.5% to $41.34Focus on Wireline execution and broadband growth resulted in Consumer Internet net additions of approximately 11,100 and a 280-basis points year-over-year increase in Wireline operating margin to over... More