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GDL Goodfellow News Story

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Canada's Goodfellow Inc's Q3 net earnings fall

Overview

Canadian building materials firm Goodfellow Q3 net earnings decline to C$3.7 mln from C$5.8 mln a year ago

Q3 sales rise to C$142 mln from C$140 mln year-over-year

Company focuses on cost management and growth in value-added products

Outlook

Company did not provide specific guidance for future quarters

Result Drivers

COST MANAGEMENT - Goodfellow focused on disciplined cost management to navigate economic conditions

VALUE-ADDED PRODUCTS - Targeted growth in value-added products and specialty markets contributed to higher sales

DIVERSIFIED MODEL - Diversified business model and customer-focused approach supported sales growth

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 SalesC$141.91 mln
Q3 Net IncomeC$3.74 mln
Q3 Basic EPSC$0.45
Q3 Pretax ProfitC$5.20 mln
Press Release: ID:nGNX7Jv3zZ For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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