ARC Resources Q3 Profit Rises


ARC Resources Q3 Profit Rises

(RTTNews) - ARC Resources Ltd. (ARX.TO), Wednesday reported third-quarter net income of $328.9 million or $0.55 per share, compared to $236.4 million or $0.39 per share last year.

Funds from operations for the quarter were $592.4 million or $0.99 per share, compared to $662.2 million or $1.09 per share last year.

Analysts polled by Thomson Reuters expected earnings of $0.35 per share for the quarter.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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