Interfor Corp expected to post a loss of 68 cents a share - Earnings Preview

Interfor

07/08/2024 03:56

* Interfor Corp  IFP.TO   is expected to show a fall in
quarterly
revenue when it reports  results on August 8 for the period
ending June 30 2024
    * The Burnaby British Columbia-based  company is expected to
report a 16.3% decrease in revenue to C$729.925 million from
C$871.8 million a year ago, according to the mean estimate from
4 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Interfor Corp is for a
loss
of 68 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"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$24.00​, above​ its last closing price of C$16.65. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -1.42       -1.42      -1.42     Met     0
 Dec. 31 2024  -1.49       -1.36      -3.29     Missed  -141
 Sep. 30 2023  -0.41       -0.02      -0.61     Missed  -2,950
                                                        ​
 Jan. 1 0001   -0.42       0.00       -0.40     Missed  -19,90
                                                        0
 ​​Mar.        -0.46       -0.47      -0.60     Missed  -26.3
 31 2023                                                
 Dec. 31 2022  -1.17       -0.84      -1.62     Missed  -92.4​
 Sep. 30 2022  0.75        0.71       0.58      Missed  -18.3
 Jan. 1 0001   4.45        4.32       5.11      Beat    18.2
 This summary was machine generated August 7 at 02:56 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)