* Q1 EPS C$0.94 vs est C$0.73
* Q1 rev up 22 pct to C$158.8 mln
May 3 Stella Jones Inc, which makes wood
products for railroads and utilities, said quarterly profit beat
estimates on strong railway tie sales and said it expects strong
demand for its core products.
Net income for the first quarter rose to C$15.0 million
($15.17 million), or 94 Canadian cents per share, from C$8.5
million, or 53 Canadian cents per share, a year earlier.
Revenue rose nearly 22 percent to C$158.8 million. Railway
tie sales rose 25 percent to C$96 million.
Analysts on average had expected earnings of 73 Canadian
cents per share on revenue of C$154.2 million, according to
Thomson Reuters I/B/E/S.
Shares of the Montreal-based company closed at C$46.75 on
Wednesday on the Toronto Stock Exchange.