Edition:
United States

Exchange Income Corp (EIF.TO)

EIF.TO on Toronto Stock Exchange

33.86CAD
21 Sep 2018
Change (% chg)

$-0.07 (-0.21%)
Prev Close
$33.93
Open
$33.92
Day's High
$34.00
Day's Low
$33.71
Volume
60,125
Avg. Vol
69,886
52-wk High
$37.60
52-wk Low
$29.58

Latest Key Developments (Source: Significant Developments)

Exchange Income Q4 Earnings Per Share C$0.55
Wednesday, 21 Feb 2018 05:34pm EST 

Feb 21 (Reuters) - Exchange Income Corp ::Q4 EARNINGS PER SHARE C$0.55.Q4 ADJUSTED EARNINGS PER SHARE C$0.72.Q4 REVENUE ROSE 19 PERCENT TO C$263.9 MILLION.Q4 EARNINGS PER SHARE VIEW C$0.52, REVENUE VIEW C$248.7 MILLION -- THOMSON REUTERS I/B/E/S.INCREASES ANNUAL DIVIDEND 4.3% TO $2.19 PER SHARE.Q4 BASIC EARNINGS PER SHARE C$0.55.  Full Article

Exchange Income Agrees To Acquire Canlink Global For About $35 Mln
Wednesday, 21 Feb 2018 04:39pm EST 

Feb 21 (Reuters) - Exchange Income Corp ::EXCHANGE INCOME CORPORATION ENTERS INTO AN AGREEMENT TO ACQUIRE CANLINK GLOBAL INC. (MONCTON FLIGHT COLLEGE).EXCHANGE INCOME CORP - DEAL FOR A PURCHASE PRICE OF APPROXIMATELY $35 MILLION.EXCHANGE INCOME - INITIAL BASE PURCHASE OF $35 MILLION WILL BE FUNDED BY ISSUANCE OF EIC SHARES TO VENDORS REPRESENTING $6 MILLION, AVAILABLE CASH RESOURCES.  Full Article

Exchange Income Corp and Wasaya Group Agree To Partner​
Thursday, 1 Feb 2018 05:00pm EST 

Feb 1 (Reuters) - Exchange Income Corp ::EXCHANGE INCOME CORP - ‍ANNOUNCES WASAYA GROUP, CO ENTERED INTO AN AGREEMENT TO PARTNER​.EXCHANGE INCOME-AGREEMENT WHEREBY CO WILL RECAPITALIZE WASAYA, WASAYA SHAREHOLDERS WILL EXCHANGE PORTION OF THEIR INTERESTS IN WASAYA FOR CO'S SHARES.EXCHANGE INCOME CORP - ‍TRANSACTIONS, WITH ANTICIPATED GROWTH CAPITAL, EXPECTED TO BE ABOUT $25 MILLION THROUGH A COMBINATION OF DEBT AND EQUITY​.EXCHANGE INCOME CORP - ‍HAS FUNDED AN INITIAL INVESTMENT IN WASAYA WITH REMAINING TRANSACTIONS EXPECTED TO BE COMPLETED WITHIN Q1 OF 2018​.  Full Article

Exchange Income reports Q3 net earnings per basic share $0.78
Wednesday, 8 Nov 2017 07:00pm EST 

Nov 8 (Reuters) - Exchange Income Corp ::Exchange income corp-qtrly consolidated revenue was $253.4 million, up 13%.Exchange income corp-qtrly net earnings per basic share were $0.78.Exchange income corp-qtrly adjusted net earnings per basic share were $0.84.  Full Article

Exchange Income Corp reports Q2 basic earnings per share C$0.83
Wednesday, 19 Jul 2017 04:45pm EDT 

July 19 (Reuters) - Exchange Income Corp :Exchange Income Corporation reports record second quarter financial results.Q2 basic earnings per share C$0.83.Qtrly adjusted basic earnings per share C$0.77.Qtrly revenue C$273.15 million versus C$226.85 million.Exchange Income Corp says "will see a reduction in maintenance capital expenditures in latter half of year".  Full Article

Exchange Income Corp says responds to shorting campaign
Wednesday, 5 Jul 2017 10:00am EDT 

July 5 (Reuters) - Exchange Income Corp ::Reiterates its expectation that company will meet analyst consensus for 2017 fiscal year.Company is considering accelerating its share buyback program beyond its normal course issuer bid.It has become aware of a "short and distort campaign" aimed at undermining value of co's shares.  Full Article

Exchange Income Corp reports qtrly revenue $222.5 million
Tuesday, 9 May 2017 06:32pm EDT 

May 9 (Reuters) - Exchange Income Corp :Exchange Income Corporation reports first quarter 2017 results.Q1 earnings per share C$0.18.Q1 adjusted earnings per share c$0.25.Q1 adjusted earnings per share c$0.25.Exchange Income Corp - Qtrly revenue $222.5 million versus $217.9 million.Q1 revenue view C$222.9 million -- Thomson Reuters I/B/E/S.  Full Article

Exchange Income Corp responds on North West Co's announcement to acquire North Star Air
Friday, 28 Apr 2017 04:30pm EDT 

April 28 (Reuters) - Exchange Income Corp -:Exchange Income Corporation responds to the announcement by North West Company Inc to acquire North Star Air.Exchange Income-got notice from north west it will be transitioning freight service to its new unit in 90 days, at that time will cease as supplier to north west.  Full Article

BRIEF-Exchange Income Corp Reports Q1 Basic Earnings Per Share C$0.27

* ORATION CONTINUES STRONG FINANCIAL PERFORMANCE IN FIRST QUARTER OF 2018