03:30 PM EST - Canadian Utilities Limited : reported earnings attributable to Class A and Class B shares of $176 million ($1.34 per share) and adjusted earnings of $166 million ($1.30 per share) for the first three months of 2011. This compares to earnings of $150 million ($1.14 per share) and adjusted earnings of $154 million ($1.22 per share) for the same period in 2010, an increase of $12 million in adjusted earnings. For the first time, earnings reflect Canadian Utilities' implementation of International Financial Reporting Standards (IFRS). Comparative figures for 2010 have been presented on the same basis. Canadian Utilities Limited
shares T.CU are trading down $0.35 at $53.34.