Just Energy: Fiscal 4Q Earnings Snapshot
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Written by • July 8, 2020• 5:00 pm• Uncategorized • Views: 0
MISSISSAUGA, Ontario (AP) _ Just Energy Group Inc. (JE) on Wednesday reported a loss of $105 million in its fiscal fourth quarter.
The Mississauga, Ontario-based company said it had a loss of 71 cents per share. Earnings, adjusted for non-recurring costs and asset impairment costs, came to 10 cents per share.
The natural gas and electricity retailer posted revenue of $503.5 million in the period.
For the year, the company reported that its loss widened to $232.8 million, or $1.60 per share. Revenue was reported as $2.08 billion.
The company’s shares closed at 46 cents. A year ago, they were trading at $4.18.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JE at https://www.zacks.com/ap/JE
The Associated Press
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