# Clarke Q3 Net Income Rises While Earnings Per Share Slips

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/56720
Published: 2026-11-13T13:46:09.000Z
Updated: 2026-11-13T13:46:09.000Z
Section: Business

> 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.

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.