Stocks Hit 52-Week Highs on Earnings Reports

WestJet Airlines Ltd. (T.WJA)hit a new 52-week high of $26.25 Thursday. WestJet today announced July 2017 traffic results with a load factor of 85.6%, an increase of 0.4 percentage points year over year. Revenue passenger miles, or traffic, increased 6.8% year over year, and capacity, measured in available seat miles, grew 6.4% over the same period. The airline flew a record 2.2 million guests in July, a year-over-year increase of 9.1% or approximately 185,000 additional guests.

Chorus Aviation Inc. (T.CHR) hit a new 52-week high of $8.10 Thursday. Chorus Aviation announced solid financial results for the second quarter of 2017. Q2 adjusted EBITDA was $65.5 million. Q2 net income was $40.8 million, or $0.33 per basic share, including an unrealized foreign exchange gain of $21.7 million.

Quebecor Inc. (T.QBR.B) hit a new 52-week high of $44.57 Thursday. Quebecor reported its consolidated financial results for the second quarter of 2017. Revenues were $1.03 billion in the second quarter of 2017, up $39.6 million (4.0%) from the same period of 2016. Net income attributable to shareholders: $132.4 million ($1.09 per basic share) in the second quarter of 2017, compared with $9.8 million ($0.08 per basic share) in the same period of 2016

Conifex Timber Inc. (T.CFF) hit a new 52-week high of $4.00 Thursday. Conifex Timber reported results for the second quarter ended June 30, 2017. Adjusted EBITDA* in the second quarter of 2017, which excludes countervailing duty deposits of $4.6 million, was a record $14.8 million, compared to $6.1 million in the first quarter of 2017 and $9.0 million in the second quarter of 2016

Finning International Inc. (T.FTT) hit a new 52-week high of $28.24 Thursday. No news announcements today

Newfoundland Capital Corporation Limited (T.NCC.A) hit a new 52-week high of $11.25 Thursday. No news announcements today

Pulse Seismic Inc. (T.PSD) hit a new 52-week high of $2.95 Thursday. No news announcements today

Pollard Banknote Limited (T.PBL) hit a new 52-week high of $12.00 Thursday. No news announcements today