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Clarke Q3 Net Income Rises While Earnings Per Share Slips

Nine-month net income reached 64.5 million, compared with 13.4 million a year earlier. Clarke’s results included Ravelin only from its May 29 acquisition date.

A mixed-use property model stands on a burnt-orange plinth / TokenPost.ai
A mixed-use property model stands on a burnt-orange plinth / TokenPost.ai

Clarke Inc. posted higher net income for the quarter ended Sept. 30, 2026, while basic and diluted earnings per share declined from a year earlier. Net income was 17.4 million, compared with 15.8 million in the third quarter of 2025. Earnings per share fell to 1.12 from 1.16.

Quarterly earnings included fair-value gains on investment properties. The results were released Nov. 12 at 4:10 p.m. ET (21:10 UTC).

For the first nine months of 2026, net income was 64.5 million, compared with 13.4 million in the year-earlier period. Earnings per share rose to 4.55 from 0.97. The nine-month results included a bargain-purchase gain, and Ravelin’s results were counted only from its May 29 acquisition date.

Clarke is a real-estate company with commercial, hospitality, residential and mixed-use properties. Its common shares trade on the Toronto Stock Exchange under CKI.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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