Westaim (WEDXF) to Release Earnings on Thursday

Key Points

• Westaim will release results after the market closes on Thursday, May 14; analysts expect EPS of ($0.33) and revenue of $13.8 million.
• In its last report (Mar 26) Westaim missed EPS estimates, posting ($0.56) per share and showing a negative net margin (77.37%) and negative return on equity (6.05%), indicating continued profitability challenges.
• The stock opened near $17.12, with a market cap around $571 million and a 52-week range of $15.50–$24.00, reflecting modest volatility within the high-teens.

Westaim (OTCMKTS:WEDXF - Get Free Report) is projected to release its results after the market closes on Thursday, May 14th. Analysts expect Westaim to post earnings of ($0.33) per share and revenue of $13.80 million for the quarter.

Westaim (OTCMKTS:WEDXF - Get Free Report) last announced its quarterly earnings results on Thursday, March 26th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.42). The company had revenue of $20.80 million during the quarter, compared to the consensus estimate of $1.78 million. Westaim had a negative net margin of 77.37% and a negative return on equity of 6.05%.

Westaim Stock Performance

Shares of OTCMKTS WEDXF opened at $17.12 on Thursday. The company has a market cap of $571.47 million, a P/E ratio of -13.59 and a beta of 0.18. The firm's fifty day moving average is $17.46 and its two-hundred day moving average is $17.81. Westaim has a 52-week low of $15.50 and a 52-week high of $24.00.

Westaim Company Profile

Westaim Corp. OTCMKTS: WEDXF is a Toronto-based investment firm focused on creating value through specialized credit, real estate and private equity strategies. The company operates as a capital allocator, partnering with experienced managers to deploy capital across a range of alternative asset classes. Westaim's platform is designed to generate attractive risk-adjusted returns while maintaining a flexible mandate that can adapt to changing market conditions.

Through its private equity activities, Westaim invests alongside established sponsors in opportunities spanning leveraged buyouts, growth equity and carve-out transactions.

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