* Q3 EPS C$0.67 vs C$0.40 a year earlier
* Adjusted EPS C$0.76 vs expected C$0.69
* Revenue down 2.8 pct on foreign exchange conversion
OTTAWA, Nov 10 (Reuters) - Auto parts distributor Uni-Select Inc UNS.TO reported a rise in quarterly profits on Wednesday thanks to higher U.S. sales, though it said the strong Canadian dollar hurt its revenues.
Montreal-based Uni-Select said net earnings rose to C$13.2 million ($13.2 million), or 67 Canadian cents a share, from C$7.9 million, or 40 Canadian cents, a year earlier.
Adjusted earnings per share from continuing operations, excluding foreign exchange movements, were 76 Canadian cents, compared with 71 Canadian cents a year earlier.
Analysts had expected, on average, adjusted earnings of 69 Canadian cents a share, according to Thomson Reuters I/B/E/S.
Revenue fell 2.8 percent to C$349 million.
Uni-Select, which operates in Canada and the United States, said the conversion of its U.S. results into Canadian dollars cut into sales by C$12.1 million. Store closures in previous quarters lowered sales by another C$5 million.
Richard Roy, president and chief executive, said Uni-Select plans to pursue growth strategies and cost control measures to help it improve its profitability.
“We continue to be on the look-out for opportunities which will allow us to grow in Canada as in the U.S.,” he said in a statement.
Shares of the company, which also distributes automotive equipment and tools, were up 25 Canadian cents at C$26.29 on the Toronto Stock Exchange on Wednesday afternoon shortly after the results were released.
$1=$1.00 Canadian Reporting by John McCrank