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Wajax Corporation (TSE:WJX)
TSX:WJX
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.68Last Year’s EPS
1.03Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 05, 2025
|% Change Since: 30.54%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there was strong revenue growth driven by equipment sales and cost efficiency improvements, challenges such as reduced gross margins, declines in industrial parts and ERS sales, and a concerning increase in TRIF rate were notable. The company continues to face headwinds from broader market conditions and uncertainty in tariffs, but it is actively working on strategic priorities to navigate these challenges.Company Guidance
In the 2025 first quarter financial results webcast for Wajax Corporation, significant metrics were covered that highlighted the company's performance and strategic initiatives. The revenue increased by 15.1% year-over-year to $555 million, driven largely by higher equipment sales, particularly in the construction and forestry sectors, aided by a competitive financing program with Hitachi Construction Machinery Americas. Despite this revenue growth, the gross profit margin declined to 19.1%, down 290 basis points from the previous year, although it saw a sequential improvement from the last quarter of 2024. Adjusted EBITDA improved by 6.2% to $43.2 million, supported by higher sales volumes and cost-saving measures. Selling and administrative expenses decreased as a percentage of revenue to 14.1% from 16.7% year-over-year. The company also made strides in inventory reduction, achieving a decrease of $91.5 million from peak levels in 2024, and announced a dividend of $0.35 per share for the second quarter of 2025. Looking forward, the company remains focused on advancing its strategic priorities, while navigating the challenges posed by broader market uncertainties and tariff concerns.Revenue Growth
Revenue of $555 million increased by $72.6 million, or 15.1%, compared to the first quarter of 2024, driven by higher equipment sales in construction and forestry across all regions and higher mining equipment sales.
Increased Adjusted EBITDA
Adjusted EBITDA of $43.2 million increased by $2.5 million, or 6.2%, from the first quarter of 2024, primarily due to higher sales volumes and cost savings initiatives.
Selling and Administrative Expense Reduction
Selling and administrative expenses as a percentage of revenue decreased to 14.1% from 16.7% in the same period of 2024, due to lower spending on personnel, travel, entertainment, and marketing.
Significant Equipment Sales Increase
Equipment sales increased by $73 million, or 74%, compared to the previous year, driven by higher construction and forestry sales and the delivery of two large mining shovels.
Cash Flow Improvement
Cash flows generated from operating activities were $31.4 million, a significant improvement from the $7.3 million used in operating activities in the same quarter of the prior year.
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TSE:WJX Earnings History
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
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TSE:WJX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2025 | C$18.24 | C$20.70 | +13.49% |
Mar 04, 2025 | C$19.26 | C$16.96 | -11.94% |
Nov 04, 2024 | C$24.02 | C$19.87 | -17.28% |
Aug 08, 2024 | C$24.14 | C$22.98 | -4.81% |
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.
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FAQ
When does Wajax Corporation (TSE:WJX) report earnings?
Wajax Corporation (TSE:WJX) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Wajax Corporation (TSE:WJX) earnings time?
Wajax Corporation (TSE:WJX) earnings time is at Aug 07, 2025, TBA Not 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:WJX EPS forecast?
TSE:WJX EPS forecast for the fiscal quarter 2025 (Q2) is 0.68.
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