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

Interfor

04/08/2023 04:11

* Interfor Corp  IFP.TO  reported a quarterly adjusted loss
of 40
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss
of 23 cents per share.
    * Revenue fell 37.2% to C$871.80 million from a year ago;
analysts
expected C$874.10 million. 
    * Interfor Corp's reported EPS for the quarter was a loss
of 27
cents​.
    * The mean earnings estimate of analysts had fallen by
about 453.8% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Interfor Corp shares had fallen by 10.4% this quarter and
gained 6.6% so far this year.
    * The company reported a quarterly loss of C$14.1 million.
    * Wall Street's median 12-month price target for Interfor
Corp is
C$33.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 03:10 a.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.23          -0.40          Missed
 Mar. 31 2023      -0.51          -0.60          Missed
 Dec. 31 2022      -0.84          -1.62          Missed
 Sep. 30 2022      0.71           0.58           Missed