Interfor Corp expected to post earnings of C$7.04 a share - Earnings Preview

Interfor

10/05/2022 24:47

* Interfor Corp  IFP.TO   is expected to show a rise in
quarterly
revenue when it reports  results on May 11. 
    * The Vancouver British Columbia-based  company is expected
to
report  a 50.8% increase in revenue to C$1.281 billion from
C$849.31 million 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
earnings of C$7.04 per share. For the same quarter last year,
the company reported earnings of C$4.11 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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$47.5​, above​ its last closing price of C$36.06. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in Canadian dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2021  4.10        4.08       4.11      Beat    0.8
 ​​Dec.        2.00        1.95       2.47      Beat    26.7
 31 2020                                                
 Sep. 30 2020  1.98        1.89       2.08      Beat    10.3​
 Jun. 30 2020  0.03        0.04       0.16      Beat    321.1
 Mar. 31 2020  -0.07       -0.12      0.01      Beat    108.2
 This summary was machine generated May 9 at 23:46 GMT.  All
figures in Canadian dollars  unless otherwise stated