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Bullboard - Stock Discussion Forum Exco Technologies Ltd T.XTC

Alternate Symbol(s):  EXCOF

Exco Technologies Limited is a Canada-based global supplier of technologies servicing the diecast, extrusion and automotive industries. The Company operates through two business segments: Casting and Extrusion Technology (Casting and Extrusion) and Automotive Solutions. The Casting and Extrusion segment designs and engineers tooling and other manufacturing equipment. Its operations are... see more

TSX:XTC - Post Discussion

Exco Technologies Ltd > Earnings out
View:
Post by felix10 on Jul 28, 2021 5:32pm

Earnings out

Everything looks positve. Sales are up in every segment, and a huge improvement in earnings from a year ago though they missed street expectations on the top and bottom lines.
Will be interesting to see how the market reacts tomorrow.

https://stockhouse.com/news/press-releases/2021/07/28/exco-results-for-third-quarter-ended-june-30-2021
Comment by Defiance2050 on Jul 28, 2021 11:33pm
Normalized quarter without resin price increases and microchip shortage would have done better.  Outlook has several items such as a 1.90 eps target by 2026 roughly ~10% EBITDA, EPS increase annual. EVs have a potential to win new business. Expected to exceed 40m capital expenditures in 2021.