Overview

* TWC Q3 net earnings fall to C$16.9 mln due to unrealized loss on investment

* Operating revenue rises 15.5% to C$76.7 mln, driven by Deer Creek acquisition

* Basic EPS drops to $0.70 from C$1.75

Outlook

* Company did not provide specific guidance for future revenue or EPS

Result Drivers

* DEER CREEK ACQUISITION - Acquisition of Deer Creek contributed to increased operating revenue and expenses, particularly in golf, corporate events, and food and beverage

* CANADIAN GOLF DEMAND - Strong demand for golf led to increased net operating income in Canadian golf club operations

* INVESTMENT LOSS - Unrealized loss on investment in Automotive Properties REIT negatively impacted net earnings

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 C$76.69

Operatin mln

g

Revenue

Q3 Net C$16.92

Income mln

Q3 Basic C$0.70

EPS

Q3 C$51.98

Direct mln

Operatin

g

Expenses

Q3 C$24.71

Operatin mln

g Income

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)