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

Interfor

10/02/2023 08:52

* Interfor Corp  IFP.TO  reported a quarterly adjusted loss
of
C$1.62​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for a loss of 84
cents per share.
    * Revenue rose 19.9% to C$810.36 million from a year ago;
analysts
expected C$782.50 million. 
    * Interfor Corp's reported EPS for the quarter was a loss of
C$1.40​.
    * The mean earnings estimate of analysts had fallen by
about 3,268% in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Interfor Corp shares had risen by 26.6% this quarter.
    * The company reported quarterly net income of C$72.18
million.
    * Wall Street's median 12-month price target for Interfor
Corp is
C$33.50 
    * 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." 

This summary was machine generated from Refinitiv data February
10 at 08:52 a.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.84          -1.62          Missed
 Sep. 30 2022      0.71           0.58           Missed
 Jun. 30 2022      4.32           5.11           Beat
 Mar. 31 2022      7.04           6.61           Missed