The earnings call reflects a strong financial performance with record-breaking revenue and strategic growth through the acquisition of Canadian North. However, external challenges like aluminum tariffs and forest fires have posed short-term operational challenges. Overall, the positive elements significantly outweigh the negatives, pointing to a promising future outlook.

Company Guidance

During the Exchange Income Corporation's conference call on August 11, 2025, the management highlighted their record-breaking financial performance in the second quarter of 2025. Key metrics included a revenue of $720 million, adjusted EBITDA of $177 million, free cash flow of $123 million, net earnings of $40 million, and adjusted net earnings of $47 million. The company also updated its 2025 EBITDA guidance, raising the range to $725 million to $765 million, factoring in the recent acquisition of Canadian North. This acquisition, along with a new long-term services agreement with the government of Nunavut, is expected to enhance the company's strategic position and drive growth. Despite challenges such as geopolitical uncertainties and tariffs impacting their multistory window solutions business, the company remains optimistic about their diversified operations and future prospects, with plans for further investments and potential expansion in various sectors.

Record-Breaking Revenue

Revenues of $720 million were the highest achieved in any quarter in the company's history.

Strategic Acquisition of Canadian North

Closed the acquisition of Canadian North, expected to enhance EIC's strategic positioning in the market.

Increased EBITDA Guidance

Updated 2025 EBITDA guidance to $725 million to $765 million, reflecting the inclusion of Canadian North's results.

Significant Contract Wins

Secured a long-term air services agreement with the government of Nunavut, providing exclusive service in the region.

Strong Financial Performance

Adjusted EBITDA of $177 million, free cash flow of $123 million, net earnings of $40 million, and adjusted net earnings of $47 million, all setting second quarter records.

Robust Manufacturing Demand

Manufacturing segment revenue increased by $31 million or 13% to $265 million, driven by strong demand for composite mats.

Significant New Bookings

The multistory window solutions business line booked approximately $100 million in new projects post-quarter.

Exchange Income (TSE:EIF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:EIF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	1.45 / -	1.18	―	―	―
Aug 11, 2025	2025 (Q2)	0.90 / 0.92	0.77	19.48% (+0.15)	―	―
May 12, 2025	2025 (Q1)	0.28 / 0.28	0.2	40.00% (+0.08)	―	―
Feb 26, 2025	2024 (Q4)	0.82 / 0.80	0.7	14.29% (+0.10)	―	―
Nov 07, 2024	2024 (Q3)	1.21 / 1.18	1.09	8.26% (+0.09)	―	―
Aug 08, 2024	2024 (Q2)	0.83 / 0.77	0.93	-17.20% (-0.16)	―	―
May 07, 2024	2024 (Q1)	0.18 / 0.20	0.27	-25.93% (-0.07)	―	―
Feb 22, 2024	2023 (Q4)	0.72 / 0.70	0.73	-4.11% (-0.03)	―	―
Nov 09, 2023	2023 (Q3)	1.18 / 1.09	1.34	-18.66% (-0.25)	―	―
Aug 10, 2023	2023 (Q2)	0.96 / 0.93	0.9	3.33% (+0.03)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:EIF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 11, 2025	C$67.84	C$73.00	+7.61%
May 12, 2025	C$55.10	C$55.51	+0.74%
Feb 26, 2025	C$51.26	C$49.33	-3.77%
Nov 07, 2024	C$53.79	C$53.77	-0.04%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Exchange Income Corp (TSE:EIF) report earnings?

Exchange Income Corp (TSE:EIF) is schdueled to report earning on Nov 06, 2025, After Close (Confirmed).

What is Exchange Income Corp (TSE:EIF) earnings time?

Exchange Income Corp (TSE:EIF) earnings time is at Nov 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:EIF EPS forecast?

TSE:EIF EPS forecast for the fiscal quarter 2025 (Q3) is 1.45.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing