WestJet reports CAD116M in Q3 2016 net earnings

WestJet (TSX: WJA) has reported CAD116 million in third quarter 2016 net earnings, or CAD0.97 per fully diluted share, as compared with net earnings of CAD101.8 million, or CAD0.82 per fully diluted share reported in the third quarter of 2015, the company said.

WestJet said it achieved its 46th consecutive quarter of profitability and flew a record 5.9 million guests. Based on the trailing twelve months, the airline recorded a return on invested capital of 11.6 per cent, up 0.2 percentage points from the 11.4 per cent reported in the previous quarter.

WestJet is a Canada-based airline with scheduled service to more than 100 destinations in North America, Central America, the Caribbean and Europe.