* Q3 EPS C$0.61 vs C$0.62 yr-ago
* Analysts had expected C$0.63 EPS
TORONTO, Nov 12 (Reuters) - Power Financial Corp (PWF.TO) said on Thursday its profit edged lower in the third quarter, reflecting lower earnings at the insurance and mutual fund companies it controls.
Power Financial, a unit of Montreal’s family-controlled Power Corp of Canada (POW.TO), said it had net earnings of C$452 million ($430 million), or 61 Canadian cents a share, for the three months ended Sept. 30. This is down from a profit of C$457 million, or 62 Canadian cents a share, a year earlier.
Analysts had expected earnings of 63 Canadian cents a share, according to Thomson Reuters I/B/E/S.
The results included a charge of C$3 million related to its share of non-operating results recorded by Swiss-based Pargesa Holding SA (PARG.S). Power Financial has a 50 percent stake in Parjointco NV, which in turn has a 54.1 percent interest in Pargesa. That compared with a charge of C$2 million in the third quarter of 2008.
Shares of Power Financial were down 0.1 percent at C$28.19 at midday on the Toronto Stock Exchange.
$1=$1.05 Canadian Reporting by Andrea Hopkins; editing by Rob Wilson