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

Interfor

12/05/2022 24:55

* Interfor Corp  IFP.TO  reported quarterly adjusted
earnings of
C$6.61​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
C$7.04 per share.
    * Revenue rose 58.8% to C$1.35 billion from a year ago; 
analysts
expected C$1.28 billion. 
    * Interfor Corp's reported EPS for the quarter was C$6.66​.
    * The mean earnings estimate of analysts had risen by
about 58.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Interfor Corp shares had risen by 2.5% this quarter and
lost 12.0% so far this year.
    * The company reported quarterly net income of C$397.03
million.
    * Wall Street's median 12-month price target for Interfor
Corp is
C$47.50 
    * 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 May 11 at 11:55 p.m.  ​All
figures in Canadian dollars unless otherwise stated