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Xebec and Ebix 2Q22 schedules ?3

12:43 05-Aug-22


Xebec has scheduled its second quarter report for the morning of August 11th.  The average of 4 analyst estimates comes to a loss of 6 Canadian cents per share from CAD45.4M, rising to CAD54.9M this quarter.  There is some evidence of the supply crunch beginning to ease and the American climate and tax deal should retroactively apply renewable fuel tax credits and extend them through 2024.  None of that means that the trailing headline numbers for this report will be good, but I still think Xebec has the right technology and plenty of potential.  So, I will give the report full coverage even though it overlaps with Golar and Himax.

Ebix has scheduled its second quarter report for the morning of August 9th.  The 2 analysts covering the company have EPS estmates of 55 and 58 cents from $273M of revenue, which is expected to remain flat.  EBIX has partially recovered from the short attack, but that doesn't alleviate the debt problem.  I will report the numbers and anything management might have to say about the EbixCash IPO alleviating that.