January 8, 2010 / 1:06 PM / 9 years ago

UPDATE 1-Jean Coutu returns to profit on H1N1 virus scare

* EPS matches consensus view of C$0.19

* Revenue up 9.3 at C$678.1 million

(Adds details)

TORONTO, Jan 8 (Reuters) - Jean Coutu Group PJCa.TO returned to a profit as more customers bought over-the-counter remedies in the wake of the H1N1 outbreak, the Canadian drugstore chain said on Friday.

It earned C$44.6 million ($43 million), or 19 Canadian cents a share, for the quarter that ended Nov. 28, 2009, compared with a loss of C$399.2 million, or C$1.66 a share, for the same period a year earlier.

The 2008 period included a C$431 million charge related to its stake in U.S. peer Rite Aid Corp (RAD.N).

Revenue jumped 9.3 percent to C$678.1 million

On average, the company was expected to earn 19 Canadian cents and revenue of C$668.9 million, according to Thomson Reuters I/B/E/S. ($1=$1.04 Canadian) (Reporting by Scott Anderson; Editing by Derek Caney)

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