Tricon Residential Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 202.57 million compared to USD 170.77 million a year ago. Net income was USD 80.16 million compared to USD 175.59 million a year ago. Basic earnings per share from continuing operations was USD 0.29 compared to USD 0.65 a year ago. Diluted earnings per share from continuing operations was USD 0.18 compared to USD 0.49 a year ago. Basic earnings per share was USD 0.29 compared to USD 0.64 a year ago. Diluted earnings per share was USD 0.18 compared to USD 0.48 a year ago.
For the nine months, sales was USD 588.54 million compared to USD 464.69 million a year ago. Net income was USD 152.45 million compared to USD 753.77 million a year ago. Basic earnings per share from continuing operations was USD 0.56 compared to USD 2.63 a year ago. Diluted earnings per share from continuing operations was USD 0.48 compared to USD 1.87 a year ago. Basic earnings per share was USD 0.56 compared to USD 2.75 a year ago. Diluted earnings per share was USD 0.48 compared to USD 1.98 a year ago.