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Wajax Corporation (WJX.TO)

WJX.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Wajax Q2 adjusted earnings per share $0.21
Friday, 5 Aug 2016 07:05am EDT 

Wajax Corp : Wajax announces 2016 second quarter results . Q2 earnings per share C$0.22 . Qtrly adjusted diluted earnings per share $0.21 . Q2 earnings per share view c$0.15 -- Thomson Reuters I/B/E/S . Q2 revenue c$336.6 million versus i/b/e/s view c$305.3 million . Reorganization announced in March 2016 is proceeding on schedule and we are on track to complete it by end of 2016 . Reorganization announced in March 2016 is proceeding on schedule and we are on track to complete it by end of 2016 . Revenue in the branches shutdown declined approximately $8.3 million during quarter compared to Q2 of 2015 . Company says "we continue to reduce staffing levels in response to a slower western canada market" . Company says "our outlook for 2016 is that market conditions will remain very challenging" . Continue to expect that revenue and margins will be under pressure in 2016 . Consolidated backlog at June 30, 2016 of $165.2 million decreased $40.6 million compared to March 31, 2016. . Expect to realize savings in 2016 of between $6 million and $7 million, with full $15 million in estimated cost savings expected to be realized in 2017 . Wildfires in Fort Mcmurray area during Q2 resulted in temporary shutdown of three branches in Fort Mcmurray and its branch in Fort Mackay . Estimates that loss from fort Mcmurray wildfires at least $1.0 million, of which majority is expected to be recovered from insurance coverage.  Full Article

Wajax Corp announces quarterly dividend
Friday, 7 Aug 2015 05:43pm EDT 

Wajax Corp:Announces a quarterly dividend of $0.25 per share payable on Oct. 2, to shareholders of record on Sep. 15.  Full Article

Wajax Corp gives FY 2015 earnings outlook
Tuesday, 5 May 2015 07:49am EDT 

Wajax Corp:Expects FY 2015 earnings to be less than the previous year.Reported EPS of C$2.58 in FY 2014.FY 2015 EPS of C$2.28 - Thomson Reuters I/B/E/S.  Full Article

Wajax declares second quarter dividend
Tuesday, 5 May 2015 07:49am EDT 

Wajax Corp:Declares a second quarter dividend of $0.25 per share.Payable on July 3 to shareholders of record on June 15.  Full Article

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BRIEF-Wajax Corp Q3 earnings per share C$0.38

* Wajax corp - consolidated backlog at september 30, 2016 of $142.1 million decreased $23.1 million compared to $165.2 million on june 30, 2016