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Exchange Income Corp (EIF.TO)

EIF.TO on Toronto Stock Exchange

35.92CAD
24 May 2019
Change (% chg)

$0.12 (+0.34%)
Prev Close
$35.80
Open
$35.90
Day's High
$35.98
Day's Low
$35.90
Volume
3,775
Avg. Vol
89,584
52-wk High
$36.60
52-wk Low
$25.58

Latest Key Developments (Source: Significant Developments)

Exchange Income Corporation Appoints Chief Financial Officer
Wednesday, 13 Mar 2019 

Exchange Income Corp ::ORATION APPOINTS CHIEF FINANCIAL OFFICER.SAYS DARRYL BERGMAN APPOINTED CFO.RICHARD WOWRYK, CORPORATE CONTROLLER AT EIC, WILL ACT AS INTERIM CHIEF FINANCIAL OFFICER UNTIL BERGMAN JOINS.  Full Article

Exchange Income Corp Announces Fourth Quarter Results
Thursday, 21 Feb 2019 

Feb 20 (Reuters) - Exchange Income Corp ::ORATION ANNOUNCES RECORD RESULTS.QTRLY REVENUE GREW 20% TO $316 MILLION.QTRLY ADJUSTED NET EARNINGS PER SHARE $0.79.2019 EBITDA IS EXPECTED TO GROW 10 TO 15%.2019 ADJUSTED. NET EARNINGS PER SHARE AND FREE CASH FLOW LESS MAINTENANCE CAPITAL EXPENDITURES PER SHARE WILL INCREASE BY 8 TO 12%.2019 TOTAL CAPITAL INVESTMENT IS EXPECTED TO BE SIMILAR TO 2018 LEVELS.Q4 EARNINGS PER SHARE VIEW C$0.72, REVENUE VIEW C$303.4 MILLION -- REFINITIV IBES DATA.ALL AMOUNTS ARE REPORTED IN C$.QTRLY EARNINGS PER SHARE $0.29.  Full Article

Exchange Income Corp announces departure of chief financial officer in March 2019
Wednesday, 5 Dec 2018 

Dec 4 (Reuters) - Exchange Income Corp ::EXCHANGE INCOME CORPORATION ANNOUNCES DEPARTURE OF CHIEF FINANCIAL OFFICER IN MARCH OF 2019.EXCHANGE INCOME - TAMMY SCHOCK, CURRENT CHIEF FINANCIAL OFFICER OF EIC, WILL BE LEAVING CORPORATION IN MARCH OF 2019.  Full Article

Exchange Income Q4 Earnings Per Share C$0.55
Thursday, 22 Feb 2018 

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
Thursday, 22 Feb 2018 

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​
Friday, 2 Feb 2018 

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
Thursday, 9 Nov 2017 

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
Thursday, 20 Jul 2017 

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 

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