March 1 (Reuters) - Wajax Corp WJX.TO :
* WAJAX ANNOUNCES 2020 FOURTH QUARTER AND ANNUAL RESULTS AND UPDATES COVID-19 RESPONSE
* Q4 ADJUSTED EARNINGS PER SHARE C$0.48
* Q4 EARNINGS PER SHARE C$0.53
* Q4 REVENUE C$381 MILLION VERSUS REFINITIV IBES ESTIMATE OF C$376.2 MILLION
* Q4 EARNINGS PER SHARE ESTIMATE C$0.47 -- REFINITIV IBES DATA
* EXPECTS REVENUE ASSOCIATED WITH THE ACQUISITION OF TUNDRA TO BE THE SIGNIFICANT CONTRIBUTOR TO TOTAL REVENUE GROWTH IN 2021
* WAJAX-CORPORATION'S INFRASTRUCTURE PROGRAMS ARE EXPECTED TO CONTINUE IN 2021 INCLUDING INVESTMENTS IN BRANCH NETWORK CONSOLIDATION AND TECHNOLOGY
* WAJAX- ORGANIC REVENUE GROWTH IS TO BE MODEST DUE PRIMARILY TO HEAVY EQUIPMENT MARKETS THAT ARE NOT EXPECTED TO FULLY RECOVER TO 2019 LEVELS IN 2021