Edition:
United States

Wajax Corporation (WJX.TO)

WJX.TO on Toronto Stock Exchange

23.90CAD
3:59pm EST
Change (% chg)

$-0.23 (-0.95%)
Prev Close
$24.13
Open
$23.56
Day's High
$24.20
Day's Low
$23.56
Volume
11,434
Avg. Vol
30,245
52-wk High
$25.76
52-wk Low
$18.49

Latest Key Developments (Source: Significant Developments)

Wajax reports Q3 earnings per share of C$0.46
Tuesday, 7 Nov 2017 06:00am EST 

Nov 7 (Reuters) - Wajax Corp ::Reports 2017 third quarter results.Q3 revenue rose 4 percent to C$299 million.Q3 earnings per share C$0.46.Q3 earnings per share view C$0.34 -- Thomson Reuters I/B/E/S.Q3 2017 backlog was $170.3 million, an increase of $10.6 million, or 7 percent, from Q2 2017 backlog of $159.7 million​.Q3 ‍inventories of $333.0 million increased $27.9 million from Q2 2017 inventories of $305.1 million​.Continues to anticipate adjusted net earnings for 2017 will increase compared to 2016 adjusted net earnings​.  Full Article

Wajax reports Q2 earnings per share C$0.39
Friday, 11 Aug 2017 06:00am EDT 

Aug 11 (Reuters) - Wajax Corp :Wajax reports 2017 second quarter results.Q2 revenue C$325.3 million versus C$336.6 million.Q2 earnings per share C$0.39.Q2 earnings per share view C$0.39 -- Thomson Reuters I/B/E/S.Wajax corp - ‍Q2 2017 backlog was $159.7 million, materially unchanged from Q1 2017 backlog of $160.0 million​.Wajax - "‍expect most major resource and industrial markets will remain under ongoing spending constraints and margin pressures through remainder of 2017​".Wajax Corp - ‍continues to anticipate adjusted net earnings for 2017 will increase compared to 2016 adjusted net earnings​.Wajax Corp - anticipates volume related costs, investments in strategic initiatives will be incurred in 2017, which will partially offset cost savings.Wajax - "‍remain focused on generating revenue sufficient to offset 4 large mining shovel deliveries made in 2016, which are not expected to be repeated in 2017​".  Full Article

Wajax Q1 EPS C$0.31
Tuesday, 2 May 2017 07:21am EDT 

May 2 (Reuters) - Wajax Corp :Wajax reports first quarter results.Q1 earnings per share c$0.31.Q1 revenue rose 11.7 percent to c$318.4 million.Q1 earnings per share view c$0.31 -- Thomson Reuters I/B/E/S.Wajax corp - compared to q4 of 2016, q1 consolidated backlog increased $34.2 million, or 27% due primarily to higher equipment orders.Wajax corp - anticipates adjusted net earnings in 2017 will increase compared to 2016 adjusted net earnings.Wajax-Continue to expect most major resource and industrial markets will remain under continued spending constraints, margin pressures for rest of 2017.  Full Article

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

BRIEF-Wajax reports Q3 earnings per share of C$0.46

* Q3 earnings per share view C$0.34 -- Thomson Reuters I/B/E/S