Hermes Vector

Business

Finning reports Q3 profit up from year ago, backlog hits record

Finning International Inc. says third-quarter profit rose from a year ago and its backlog reached a record, according to The Canadian Press.

By Hermes-Vector AI Desk

Checked against 2 sourcesthestar.comthespec.com

In brief

  • Finning International Inc. reported Q3 profit up from a year ago.
  • The company earned $155 million or $1.19 per diluted share from continuing operations for the quarter ended Sept. 30.
  • Finning's backlog hit a record.

Finning reports Q3 profit up from year ago, backlog hits record

Q3 results

Finning International Inc. reported its third-quarter profit was up from a year ago. The heavy equipment dealer says it earned $155 million or $1.19 per diluted share from continuing operations for the quarter ended Sept. 30.

Backlog

Finning's backlog hit a record.

Why it matters

The results show Finning's profit increased year over year in the third quarter, and its backlog reached a record level.

Sources

This article was drafted with AI assistance and checked against the sources above. Company claims are reported as claims. Cover image is AI-generated.

The day's checked news, by email

One short email a day with the top stories. Free, and you can unsubscribe in one click.

Or follow for the latest news:

Advertisement

How do you feel about this story?

Comments 0

No comments yet. Start the discussion.

More Business stories

BusinessTrending

US Consumer Prices Rose 0.4 Percent in October

The Labor Department reported that the overall consumer price index rose 0.4 percent in October, above the 0.3 percent forecast, following September's 0.6 percent jump.

Checked against 2 sourcesinvestors.comft.com