We asked investors to compare our stock price based on cash earnings per share
-- cash net income -- to that of other companies, to consider our prospects and to consider whether we're fairly valued.
Diluted adjusted cash earnings per share
were CDN 0.22 for the quarter, compared to CDN 0.23 per share for the same quarter last year.
Watson said it estimates total net revenue for the full year ended December 2010 at approximately USD3.5bn and cash earnings per share
between USD3.05 and USD3.30.
According to the bank, its 2008 cash earnings per share
were likely to fall between 20 percent and 25 percent on the previous year because of the rise in credit impairment costs.
It is, however, expected to be accretive on a cash earnings per share
basis in the first year, based on its estimated 1999 cash earnings per share
Cash earnings per share
, excluding one-time items, came in at CAD1.26, exceeding expectations for a profit of CAD1.01 of analysts polled by Bloomberg.
The transaction is expected to be immediately accretive to adjusted cash earnings per share
, with run-rate cost synergies of $200M annually by the end of 2021, assuming deal completion in 2018.
The company believes the transaction will be mid-single digit accretive on a percentage basis to cash earnings per share
in fiscal 2017 and double-digit accretive thereafter.