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

Interfor

03/11/2022 23:20

* Interfor Corp  IFP.TO  reported quarterly adjusted
earnings of 7
cents​​ per share for the quarter ended in September. The mean
expectation of six analysts for the quarter was for earnings of
71 cents per share.
    * Revenue rose 55.9% to C$1.04 billion from a year ago;
analysts
expected C$907.30 million. 
    * Interfor Corp's reported EPS for the quarter was 6 cents​.
    * The mean earnings estimate of analysts had fallen by
about 33%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Interfor Corp shares had fallen by 4.1% this quarter and
lost 42.8% so far this year.
    * The company reported quarterly net income of C$3.5
million.
    * Wall Street's median 12-month price target for Interfor
Corp is
C$40.50 
    * 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." 

This summary was machine generated from Refinitiv data November
3 at 11:20 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.71           0.07           Missed
 Jun. 30 2022      4.32           5.11           Beat
 Mar. 31 2022      7.04           6.61           Missed
 Dec. 31 2021      1.24           1.29           Beat