West Fraser Timber's Q3 sales miss on tariff impact

West Fraser Timber Co

22/10/2025 22:11

Overview

West Fraser Q3 sales of $1.307 bln missed analyst expectations

Adjusted EBITDA for Q3 was negative, reflecting market challenges

Company repurchased 553,467 shares for $40 mln

Outlook

West Fraser targets 2025 SPF shipments of 2.6 to 2.7 bln board feet

Company expects 2025 OSB shipments of 6.3 to 6.5 bln square feet in North America

West Fraser anticipates 2025 capital expenditures of $400 mln to $450 mln

Result Drivers

SUPPLY-DEMAND IMBALANCE - Co cites ongoing supply and demand imbalances for wood-based products amid high mortgage rates impacting housing affordability

INCREASED TARIFFS - New Section 232 tariffs and increased duty rates on Canadian softwood lumber affected financial results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
$1.31 bln
$1.38 bln (2 Analysts)
Q3 Adjusted EBITDA
-$144 mln


Analyst Coverage

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"

The average consensus recommendation for the forest & wood products peer group is "buy"

The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nCNWL4rZna

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)