The Financial Post reports in its Thursday, Nov. 8, edition that Home Capital Group soared $3.38 to close Wednesday in Toronto at $17.46 after the alternative mortgage lender beat profit expectations for the third quarter. A Canadian Press dispatch to the Post reports that the Toronto-based company posted net income of $32.6-million during the three months ended Sept. 30, up from $30-million during same period a year earlier. Home Capital says the profit amounted to 41 cents per diluted share in its third quarter, compared with 37 cents during the same period in 2017. Analysts expected earnings per share of 36 cents, according to Thomson Reuters Eikon. The improvement came as Home Capital saw mortgage originations total $1.44-billion during the quarter, about 273 per cent higher than the same period a year ago when Home Capital was dealing with the fallout of its earlier liquidity crisis. Chief executive Yousry Bissada says its latest earnings "demonstrate continued progress in all lines of business."