Wajax Corporation (WJX.TO) revealed a profit for first quarter that decreased from last year but beat the Street estimates.
The company's bottom line came in at C$13.1 million, or C$0.60 per share. This compares with C$14.7 million, or C$0.68 per share, last year.
Excluding items, Wajax Corporation reported adjusted earnings of C$14.9 million or C$0.69 per share for the period.
Analysts on average had expected the company to earn C$0.42 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 15.1% to C$555.0 million from C$482.3 million last year.
Wajax Corporation earnings at a glance (GAAP) :
-Earnings: C$13.1 Mln. vs. C$14.7 Mln. last year.
-EPS: C$0.60 vs. C$0.68 last year.
-Revenue: C$555.0 Mln vs. C$482.3 Mln last year.
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