Stock news for investors: quarterly profit at Shopify, Brookfield; Down at Suncor, Reuters – Moneysense

The net income of the E-commerce software company based in Ottawa for the second quarter compared to a profit from US $ 171 million that it booked a year ago.

The company, which holds its books in American dollars, says that the profit was 69 cents US per diluted share to shareholders compared to a loss of 13 cents of US per dilute a year earlier.

Shopify says that his net income excluding the impact of his stock investments for the quarter ending on 30 June was US $ 338 million, an increase in US $ 291 million a year ago.

The turnover amounted to US $ 2.68 billion for the quarter, an increase of US $ 2.04 billion in the same quarter last year.

The turnover of subscription solutions achieved US $ 656 million, an increase in US $ 563 million a year ago, while the turnover of Merchant Solutions US $ 2.02 billion was an increase of US $ 1.48 billion.

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Suncor reports $ 1.13 billion Q2 net result, revised the expenditure estimate

Suncor Energy Inc. says that his win in the second quarter fell compared to last year, largely at lower oil prices, because it also revised his expected capital expenditure for the year. The producer of Oilsands says that it had a net income of $ 1.13 billion for the quarter ending on June 30, a decrease of $ 1.57 billion in the same quarter last year. Despite the record production of the second quarter and the transit of the refinery, the lower profit came after completing major maintenance work.

Suncor says that the adjusted operational income has been worked out to $ 873 million, a decrease of $ 1.63 billion in the same quarter last year. The adjusted income was 71 cents per share, at $ 1.27 last year, while according to LSEG Data & Analytics, the average analyst estimate was 69 cents per share.