Can almost call it Telecom Thursday around these parts, with the nation's two largest service providers both reporting results. Let's start with Rogers Communications – the companyfourth-quarter earnings expectations, with adjusted earnings per share coming in at $1.09 against analyst forecasts for $0.98, with the company's wireless unit leading the way. The telco added 193,000 wireless postpaid subscribers in the quarter, up some 37 per cent from a year ago.
Shell has reported its largest annual profit on record, with the bottom line swelling nearly US$40 billion as energy prices have remained firm in the wake of Russia's invasion of Ukraine. Lightspeed Commerce posted a $814.8 million net loss in its third quarter, driven in large part by a non-cash goodwill impairment charge of $748.7 million tied to the decline in the valuation of tech companies.