Interfor Corp reports results for the quarter ended December 31 - Earnings Summary

Interfor

13/02/2025 23:38

* Interfor Corp  IFP.TO  reported a quarterly adjusted loss
of 97
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of
C$-3.29.  The mean expectation of five analysts for the quarter
was for a loss of 41 cents per share. Wall Street expected
results to range from -57 cents to -27 cents per share.
    * Revenue fell 5% to C$746.50 million from a year ago;
analysts
expected C$748.53 million. 
    * Interfor Corp's reported EPS for the quarter was a loss
of 97
cents​.
    * The company reported a quarterly loss of C$49.9 million.
    * Interfor Corp shares had fallen by 8.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 46.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the forest & wood
products peer group is also "buy"

Wall Street's median 12-month price target for Interfor Corp is
C$23.00 
This summary was machine generated from LSEG data February 13 at
11:38 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.41          -0.97          Missed
 Sep. 30 2024      -1.42          -2.05          Missed
 Jun. 30 2024      -0.68          -1.47          Missed
 Mar. 31 2024      -1.42          -1.42          Met