West Fraser Timber Co Ltd expected to post a loss of 29 cents a share - Earnings Preview
21/10/2024 22:40
* West Fraser Timber Co Ltd WFG.TO is expected to show a
fall
in quarterly revenue when it reports results on October 23 for
the period ending September 30 2024
* The Vancouver British Columbia-based company is expected
to
report a 18.9% decrease in revenue to $1.383 billion from $1.71
billion a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
* LSEG's mean analyst estimate for West Fraser Timber Co
Ltd is
for a loss of 29 cents per share.
* 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 mean earnings estimate of analysts had fallen by
about 18.5%
in the last three months.
* Wall Street's median 12-month price target for West Fraser
Timber Co Ltd is $102.50, below its last closing price
of C$133.11.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 1.32 0.20 1.20 Beat -9.1
Mar. 31 2024 0.20 0.20 0.42 Beat
Jan. 1 0001 -0.43 -0.43 -1.83 Missed -320.7
Sep. 30 2023 1.63 1.35 1.81 Beat 34.1
Jun. 0.02 -1.57 -427.1
30 2023
Jan. 1 0001 -0.11 -0.35 -0.52 Missed -48.6
Dec. 31 2022 -0.11 -0.16 -1.13 Missed -615.2
Sep. 30 2022 1.80 1.70 2.50 Beat 47.1
This summary was machine generated October 21 at 21:40 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)