Interfor Corp expected to post a loss of 23 cents a share - Earnings Preview

Interfor

02/08/2023 02:26

* Interfor Corp  IFP.TO   is expected to show a fall in
quarterly
revenue when it reports  results on August 3. 
    * The Burnaby British Columbia-based  company is expected to
report  a 37.1% decrease in revenue to C$874.1 million from
C$1.39 billion a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Interfor Corp is
for a
loss of 23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Interfor
Corp is
C$33​, above​ its last closing price of C$23.58. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.46       -0.51      -0.60     Missed  -17.2
 Dec. 31 2023  -1.17       -0.84      -1.62     Missed  -92.4
 Sep. 30 2022  0.75        0.71       0.58      Missed  -18.3​
 Jun. 30 2022  4.45        4.32       5.11      Beat    18.2
 ​​Mar.        7.08        7.04       6.61      Missed  -6.1
 31 2022                                                
 Dec. 31 2021  1.21        1.24       1.29      Beat    4.4​
 Sep. 30 2021  0.54        0.59       0.74      Beat    25.4
 Jun. 30 2021  6.43        6.06       6.67      Beat    10.1
 This summary was machine generated August 2 at 01:26 GMT.  All
figures in Canadian dollars  unless otherwise stated