Reuters logo
BRIEF-Wajax reports Q2 earnings per share C$0.39
August 11, 2017 / 10:16 AM / a month ago

BRIEF-Wajax reports Q2 earnings per share C$0.39

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​” Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below