Canfor Corp reports results for the quarter ended in December - Earnings Summary

Canfor

01/03/2023 01:02

* Canfor Corp  CFP.TO  reported a quarterly adjusted loss of
C$1.04​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for a loss of 44
cents per share.
    * Revenue fell 12.6% to C$1.37 billion from a year ago;
analysts
expected C$1.27 billion. 
    * Canfor Corp's reported EPS for the quarter was a loss of
C$1.70​.
    * The mean earnings estimate of analysts had fallen by
about 171.4% in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Canfor Corp shares had risen by 6.6% this quarter.
    * The company reported a quarterly loss of C$207.9 million.
    * Wall Street's median 12-month price target for Canfor Corp
is
C$30.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 1
at 01:02 a.m.  ​All figures in Canadian dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.44          -1.04          Missed
 Sep. 30 2022      0.63           0.80           Beat
 Jun. 30 2022      2.70           3.07           Beat
 Mar. 31 2022      4.42           4.25           Missed