Shaw Communications Inc. Announces Unaudited Consolidated Earnings Results for the Three Months Ended November 30, 2016; Reaffirms Earnings Outlook for the Fiscal Year 2017
The company confirmed at this time that there are no changes to its previously issued fiscal 2017 guidance. Operating income before restructuring costs and amortization is expected to range between CAD 2.125 and CAD 2.175 billion and free cash flow is expected to exceed CAD 400 million. Consolidated capital investment targets also remain unchanged from previously provided guidance at CAD 1.3 billion for the year.