Exco Technologies (XTC) Set to Announce Earnings on Wednesday

Exco Technologies (TSE:XTC) will release its earnings data after the market closes on Wednesday, May 1st. Analysts expect Exco Technologies to post earnings of C$0.17 per share for the quarter.

Exco Technologies (TSE:XTC) last released its quarterly earnings data on Wednesday, January 31st. The company reported C$0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.20 by C($0.05). Exco Technologies had a return on equity of 7.51% and a net margin of 4.30%. The business had revenue of C$156.71 million for the quarter, compared to analysts’ expectations of C$167.60 million.

Exco Technologies Price Performance

XTC opened at C$7.08 on Monday. The company has a quick ratio of 1.30, a current ratio of 2.61 and a debt-to-equity ratio of 32.83. Exco Technologies has a 52-week low of C$6.95 and a 52-week high of C$8.98. The company has a 50 day moving average of C$7.31 and a two-hundred day moving average of C$7.44. The company has a market cap of C$275.13 million, a P/E ratio of 9.97 and a beta of 1.18.

Exco Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 28th were given a dividend of $0.105 per share. The ex-dividend date was Wednesday, March 13th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.93%. Exco Technologies’s payout ratio is currently 59.15%.

Analyst Upgrades and Downgrades

Separately, Cormark boosted their target price on shares of Exco Technologies from C$12.75 to C$13.00 in a research report on Friday, February 2nd.

About Exco Technologies

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions.