United Co.s (TSE:UNC) Announces Quarterly Earnings Results

United Co.s (TSE:UNC) released its quarterly earnings data on Friday. The company reported C$0.05 earnings per share for the quarter, FiscalAI reports. United Co.s had a return on equity of 18.51% and a net margin of 305.92%.The business had revenue of C($53.50) million during the quarter.

United Co.s Stock Performance

TSE UNC opened at C$14.45 on Friday. United Co.s has a fifty-two week low of C$12.40 and a fifty-two week high of C$16.37. The stock has a 50 day simple moving average of C$14.04 and a two-hundred day simple moving average of C$14.52. The stock has a market cap of C$1.63 billion, a P/E ratio of 4.66 and a beta of 0.69.

United Co.s Company Profile

The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income. Short-term volatility is expected and tolerated. Management remains confident that the Companys investment strategy will reward shareholders over the long-term.The investment portfolio of the Company comprises primarily foreign equities. Net equity value and net investment income may vary significantly from period to period depending on the economic environment and market conditions.