Exco Technologies (XTC) to Release Earnings on Wednesday

Exco Technologies (TSE:XTC) is scheduled to post its quarterly earnings results 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 for the quarter, missing analysts’ consensus estimates of C$0.20 by C($0.05). The company had revenue of C$156.71 million for the quarter, compared to analyst estimates of C$167.60 million. Exco Technologies had a net margin of 4.30% and a return on equity of 7.51%.

Exco Technologies Stock Up 0.4 %

TSE XTC opened at C$7.10 on Wednesday. The company has a current ratio of 2.61, a quick ratio of 1.30 and a debt-to-equity ratio of 32.83. The stock’s 50 day moving average is C$7.32 and its two-hundred day moving average is C$7.44. The company has a market capitalization of C$275.91 million, a price-to-earnings ratio of 10.00 and a beta of 1.18. Exco Technologies has a 1-year low of C$6.90 and a 1-year high of C$8.98.

Exco Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 28th were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 5.92%. The ex-dividend date of this dividend was Wednesday, March 13th. Exco Technologies’s payout ratio is 59.15%.

Analysts Set New Price Targets

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