West Fraser Timber Co Ltd expected to post earnings of $1.35 a share - Earnings Preview

West Fraser Timber Co

24/10/2023 01:43

* West Fraser Timber Co Ltd  WFG.TO   is expected to show a
fall
in quarterly revenue when it reports  results on October 25. 
    * The Vancouver British Columbia-based  company is expected
to
report  a 16.1% decrease in revenue to $1.751 billion from $2.09
billion a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for West Fraser Timber
Co Ltd
is for earnings of $1.35 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for West Fraser
Timber Co Ltd is $96.35​, above​ its last closing price
of C$90.64. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.02        0.48       -1.57     Missed  -427.1
 Mar. 31 2023  -0.41       -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
 ​​Jun.        6.77        6.70       7.59      Beat    13.3
 30 2022                                                
 Mar. 31 2022  9.59        10.01      10.35     Beat    3.4​
 Dec. 31 2021  3.23        3.37       3.13      Missed  -7
 Sep. 30 2021  3.93        4.16       4.20      Beat    1
 This summary was machine generated October 24 at 00:43 GMT.  All
figures in US dollars  unless otherwise stated