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Stock news: Dividend hikes, earnings results, and what moved Canadian stocks this week
MoneySense· 2026-02-06 06:36
Financial Performance - Suncor reported adjusted operating earnings of $1.33 billion, or $1.10 per share, a decrease from $1.57 billion, or $1.25 per share in the prior-year quarter [1] - ATS Corp. achieved a net income of $30.0 million, up from $6.5 million a year ago, with revenue increasing nearly 17% [4] - CGI Inc. reported a first-quarter profit of $442.0 million, slightly up from $438.6 million a year earlier, with revenue rising nearly 8% to $4.08 billion [8] - Thomson Reuters reported a fourth-quarter profit of $332 million, down from $587 million a year earlier, with revenue totaling $2.01 billion, up from $1.91 billion [11][13] - BCE Inc. reported a fourth-quarter profit attributable to common shareholders of $594 million, compared to $461 million a year earlier, with profit per share increasing from 51 cents to 64 cents [14] Adjusted Earnings - ATS reported adjusted earnings of 48 cents per share, up from 32 cents per share a year earlier [5] - CGI's adjusted earnings were $2.12 per diluted share, an increase from $1.97 per diluted share a year ago [8] - Thomson Reuters reported adjusted earnings of $1.07 per share, up from $1.01 per share a year earlier [13] Revenue Growth - Suncor's operating revenues were $12.04 billion, down from $12.53 billion [2] - ATS's revenue for the quarter totaled $760.7 million, up from $652.0 million [5] - CGI's revenue increased to $4.08 billion from $3.79 billion [8] - Thomson Reuters' revenue rose to $2.01 billion from $1.91 billion [13] Strategic Developments - CGI announced a collaboration deal with OpenAI to expand the use of artificial intelligence across its business [9]