Interfor Corp expected to post a loss of C$1.42 a share - Earnings Preview

Interfor

05/11/2024 08:07

* Interfor Corp  IFP.TO   is expected to show a fall in
quarterly
revenue when it reports  results on November 7 for the period
ending September 30 2024
    * The Burnaby British Columbia-based  company is expected to
report a 16.0% decrease in revenue to C$695.2 million from
C$828.1 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$1.42 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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
24.00​, above​ its last closing price of C$19.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.03       -0.68      -1.47     Missed  -116.2
 Mar. 31 2024  -1.42       -1.42      -1.42     Met     0
 Dec. 31 2023  -1.49       -1.36      -3.29     Missed  -141​
 Sep. 30 2023  -0.41       -0.02      -0.61     Missed  -2,950
 ​​Jun.        -0.42       0.00       -0.40     Missed  -19,90
 30 2023                                                0
 Jan. 1 0001   -0.46       -0.47      -0.60     Missed  -26.3​
 Dec. 31 2022  -1.17       -0.84      -1.62     Missed  -92.4
 Sep. 30 2022  0.75        0.71       0.58      Missed  -18.3
 This summary was machine generated November 5 at 08:07 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)