Brief: Wajax Says Q4 Adjusted Earnings Per Share C$0.48

Wajax

02/03/2021 01:09

March 1 (Reuters) - Wajax Corp  WJX.TO :
    * WAJAX ANNOUNCES 2020 FOURTH QUARTER AND ANNUAL RESULTS AND
UPDATES COVID-19 RESPONSE
    * Q4 ADJUSTED EARNINGS PER SHARE C$0.48
    * Q4 EARNINGS PER SHARE C$0.53
    * Q4 REVENUE C$381 MILLION VERSUS REFINITIV IBES ESTIMATE OF
C$376.2 MILLION
    * Q4 EARNINGS PER SHARE ESTIMATE C$0.47 -- REFINITIV IBES
DATA
    * EXPECTS REVENUE ASSOCIATED WITH THE ACQUISITION OF TUNDRA
TO BE
THE SIGNIFICANT CONTRIBUTOR TO TOTAL REVENUE GROWTH IN 2021
    * WAJAX-CORPORATION'S INFRASTRUCTURE PROGRAMS ARE EXPECTED
TO
CONTINUE IN 2021 INCLUDING INVESTMENTS IN BRANCH NETWORK
CONSOLIDATION AND TECHNOLOGY
    * WAJAX- ORGANIC REVENUE GROWTH IS TO BE MODEST DUE
PRIMARILY TO
HEAVY EQUIPMENT MARKETS THAT ARE NOT EXPECTED TO FULLY RECOVER
TO 2019 LEVELS IN 2021

Source text for Eikon:  ID:nCNWlxPHKa 
Further company coverage:  WJX.TO 

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