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Will Wajax Corporation (WJX) Beat Estimates Again in Its Next Earnings Report?

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Wajax reports after the market closes on November 2. Analysts expect EPS of C$0.79 and modest revenue growth. The company has beaten estimates in two of its last four comparable quarters.

Wajax Corporation (TSX: WJX) is scheduled to report results after the market closes on November 2, 2026, for the quarter ended September 30. Three analysts expect earnings of C$0.79 per share and revenue of C$493.35 million. Those estimates imply year-over-year growth of 7.8% in EPS and 2.1% in revenue. The analyst group is small, so treat the figures as a rough benchmark, not a precise forecast. For company background and results, see the Wajax stock page.

Recent earnings trend

Wajax Corporation

WJX.TO

Full stock page →

WJX.TO

Wajax Corporation

Source:WealthAwesomeWealthAwesome
↑ $6.40 (21.63%)
120 day period
$28.01$33.80$39.60May 8Aug 5Oct 29

Market cap

$783.86M

P/E

12.2x

Div. yield

3.87%

Div. / share

$1.40

52W high

$40.00

52W low

$23.27

1W change

-0.83%

Beta

0.69

Analyst Price Targets

Based on analyst covering WJX · as of Oct 20, 2026

📈

Wall Street analysts forecast WJX stock price to rise 8.4% over the next 12 months.

Consensus

Moderately Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$39.00

+8.4% Upside

Previously C$38.20 on Oct 16, 2026

Current Price

C$35.99

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on WJX's historical volatility

HistoricalForecast68%95%
C$21.83C$30.95C$40.06C$49.18C$58.29C$67.41TodayJun 22Aug 26Oct 29Dec 11Jan 24Mar 8

30-Day Vol

44.6%

Annualized

90-Day Vol

37.7%

Annualized

Trend (90d)

+18.0%

Annualized drift

90d Mean

C$38.38

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$36.77C$31.52 – C$42.89
60 trading daysC$37.57C$30.21 – C$46.71
90 trading daysC$38.38C$29.39 – C$50.12

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Analyst coverage: 3 analyst(s) cover this name; upcoming EPS consensus is available.

Beat estimates in 2 of the last 4 comparable quarter(s).

Fiscal periodReport dateActual EPSEstimateSurprise
2026-09-302026-11-02—0.7800—
2026-06-302026-08-060.82000.8400-2.4%
2026-03-312026-05-040.65000.7600-14.5%
2025-12-312026-03-020.69000.6700+3.0%
2025-09-302025-11-030.73000.6000+21.7%
2025-06-302025-08-070.75000.6900+8.7%
0.00000.42000.8400 24-0924-1225-0325-0625-0925-1226-0326-06 Estimate Actual (≥0) Actual (<0) Wealth Awesome

Investor takeaway: Analysts expect modest growth, but the report is not a clear-cut test of Wajax’s earnings. The company missed estimates in its two most recent quarters: Q2 2026 EPS was C$0.82 versus C$0.84 expected, and Q1 EPS was C$0.65 versus C$0.76. Investors will be watching for signs that earnings have stabilized and that revenue and margins support the outlook. One report is a data point, not a verdict on the company or its shares.

C$0.79 EPS consensus for the quarter

Three analysts expect Wajax to earn C$0.79 per share for the quarter ended September 30, up from C$0.73 a year earlier. The estimate has not changed in the past 30 days. One analyst raised their estimate, while two lowered theirs. Wajax beat estimates in two of its last four comparable quarters, but missed in its two most recent reports.

Bull case

Analysts expect EPS and revenue to rise from a year ago. In Wajax’s latest reported quarter, gross margin improved to 20.9%, even as revenue fell 5.7% year over year. Operating cash flow was C$36.2 million, and leverage improved to 1.38x. If the September quarter builds on those results, it could show that the business is holding up despite modest sales growth. Wajax’s October strategy roadmap and expanded power-solutions offering are also worth watching, though their impact on results remains to be seen.

Bear case

Wajax missed EPS estimates in both Q1 and Q2 2026, and the consensus estimate has not increased in the past 30 days. Analysts expect revenue growth of just 2.1%, while sales fell year over year in the latest reported quarter. A miss, weaker margins, or continued signs of soft demand could challenge the growth outlook. Only three analysts contributed to the consensus, and their estimates range from C$0.70 to C$0.95, underscoring the uncertainty.

Analysis

Wajax is due to report after the market closes on November 2, 2026, for the quarter ended September 30. Three analysts expect EPS of C$0.79, with estimates ranging from C$0.70 to C$0.95. Revenue consensus is C$493.35 million. Compared with the same quarter last year, those estimates imply EPS growth of 7.8% and revenue growth of 2.1%. The EPS consensus has stayed at C$0.79 over the past 30 days, though revisions were mixed: one analyst raised their estimate and two lowered theirs. The small analyst group makes the estimate range worth keeping in mind.

Analysis

Wajax beat estimates in two of its last four comparable quarters. Its two latest results were misses: Q2 2026 EPS was C$0.82 versus C$0.84 expected, and Q1 EPS was C$0.65 versus C$0.76. Before that, the company reported C$0.69 versus C$0.67 in Q4 2025 and C$0.73 versus C$0.60 in Q3 2025. The recent-earnings trend table provides the quarter-by-quarter details. In its latest reported quarter, revenue fell 5.7% year over year to C$515.7 million, while gross margin rose to 20.9%. Operating cash flow was C$36.2 million, and leverage improved to 1.38x. The September report will show whether those margin and cash-flow trends continued. See Wajax earnings and company information.

Analysis

Recent company announcements offer context, but they don’t predict the quarter’s results. On October 8, Wajax outlined a 2027 strategy roadmap that includes organizational changes and a longer-term growth plan. Earlier in October, it announced an expanded power-solutions relationship in Alberta, targeting markets such as mining, energy, and industrial applications. The upcoming results will show how the business is performing now. The effects of these initiatives will take longer to assess.

WJX.TO last closed at C$35.99, above its 50-day and 200-day moving averages. That snapshot does not determine earnings results. The average analyst price target is C$39.00, about 8.4% above the latest close. See the analyst targets section. Wealth Awesome’s statistical 90-day model gives a mean forecast of C$38.38, with a wide 68% range of C$29.39 to C$50.12. It’s a statistical model, not financial advice. See the price forecast section.

Wealth Awesome
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Published: November 2, 2026
Last Updated: November 2, 2026

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