12:22 PM EST - Bombardier Inc. : reported a 31% rise in third-quarter profit, helped by strength at both its plane- and train-making divisions. Revenues increased to $4.6 billion, compared to $4 billion last fiscal year. Earnings before financing income, financing expense and income taxes totaled $301 million, compared to $250 million last fiscal year, while the EBIT margin reached 6.5%, compared to 6.3% last year. Net income amounted to $192 million for the third quarter ended October 31, 2011, compared to $147 million for the same period last fiscal year. Diluted earnings per share (EPS) was $0.11, compared to $0.08 last fiscal year. Bombardier Inc.
shares T.BBD.A are trading up $0.10 at $3.94.
