August 2, 2017 / 11:46 PM / a year ago

Home Capital posts 2nd qtr loss, says concerns about future resolved

TORONTO, Aug 2 (Reuters) - Home Capital Group on Wednesday reported a bigger-than expected second-quarter loss but said issues that had raised uncertainty about its ability to continue as a going concern had been resolved.

Canada’s biggest non-bank lender reported a loss of C$1.73 per share in the second quarter. Analysts had expected a loss per share of C$1.14 for the quarter, according to Thomson Reuters I/B/E/S data. (Reporting by Matt Scuffham; Editing by Tom Brown)

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