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ATCO Ltd.

04:06 PM EST - ATCO Ltd. : reported a rise in fourth-quarter profit as revenues rose year-on-year. Fourth-quarter net earnings were $74.7 million or $1.29 per share, compared to earnings of $63.8 million or $1.10 per share in the year-ago quarter. Adjusted earnings for the quarter were $72.7 million or $1.26 per share, compared to adjusted earnings of $47.1 million or $0.81 per share in the prior-year quarter. Revenues for the quarter increased to C$906.4 million from C$775.4 million in the year-ago quarter. ATCO Ltd. shares T.ACO.X are trading down $2.41 at $35.20.