TSX:WTEInfrastructure
Westshore Terminals Investment (TSX:WTE) Stock Trades On Steady Profit And Richer P/E
Westshore Terminals Investment stock came into this earnings print with a modest pullback over the past week but a solid gain over the past three months. The headline this quarter is not explosive growth or a shock miss. It is a steady earnings engine that printed basic earnings per share of CA$0.41 on revenue of CA$93.6m, with net income of CA$25.1m.
For an infrastructure style stock often treated as a yield and cash flow vehicle, the market now has to weigh that stable profit line against a...