Exco Technologies (XTC) to Release Earnings on Wednesday

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

Exco Technologies Trading Up 0.4 %

TSE:XTC opened at C$7.10 on Wednesday. The stock’s 50 day moving average price is C$7.32 and its 200 day moving average price is C$7.44. The company has a market capitalization of C$275.91 million, a PE ratio of 10.00 and a beta of 1.18. 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$6.90 and a 52-week high of C$8.98.

Exco Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 28th were paid a $0.105 dividend. The ex-dividend date was Wednesday, March 13th. This represents a $0.42 annualized dividend and a dividend yield of 5.92%. Exco Technologies’s dividend payout ratio (DPR) is currently 59.15%.

Wall Street Analysts Forecast Growth

Separately, Cormark lifted their target price on Exco Technologies from C$12.75 to C$13.00 in a research note 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.