Interfor Corp expected to post a loss of C$1.21 a share - Earnings Preview

Interfor

06/02/2024 21:57

* Interfor Corp  IFP.TO   is expected to show a fall in
quarterly
revenue when it reports  results on February 8 for the period
ending December 31 2023
    * The Burnaby British Columbia-based  company is expected to
report a 9.0% decrease in revenue to C$737.333 million from
C$810.36 million a year ago, according to the mean estimate from
3 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Interfor Corp is for a
loss of
C$1.21 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$29.50​, above​ its last closing price of C$20.25. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.41       -0.02      -0.61     Missed  -2,950
 Jun. 30 2023  -0.42       0.00       -0.40     Missed  -19,90
                                                        0
 Mar. 31 2023  -0.46       -0.47      -0.60     Missed  -26.3​
 Dec. 31 2022  -1.17       -0.84      -1.62     Missed  -92.4
 ​​Sep.        0.75        0.71       0.58      Missed  -18.3
 30 2022                                                
 Jun. 30 2022  4.45        4.32       5.11      Beat    18.2​
 Mar. 31 2022  7.08        7.04       6.61      Missed  -6.1
 Dec. 31 2021  1.21        1.24       1.29      Beat    4.4
 This summary was machine generated February 6 at 21:57 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)