West Fraser Timber Co Ltd expected to post earnings of 26 cents a share - Earnings Preview
19/04/2024 21:08
* West Fraser Timber Co Ltd WFG.TO is expected to show a
fall
in quarterly revenue when it reports results on April 23 for
the period ending March 31 2024
* The Vancouver British Columbia-based company is expected
to
report a 9.9% decrease in revenue to $1.465 billion from $1.63
billion a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
* LSEG's mean analyst estimate for West Fraser Timber Co
Ltd is
for earnings of 26 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 risen by
about 17.4%
in the last three months.
* Wall Street's median 12-month price target for West Fraser
Timber Co Ltd is $98.50, below its last closing price
of C$107.77.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 -0.43 -0.43 -1.83 Missed -320.7
Sep. 30 2023 1.63 1.35 1.81 Beat 34.1
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. -0.11 -0.16 -1.13 Missed -615.2
31 2022
Sep. 30 2022 1.80 1.70 2.50 Beat 47.1
Jun. 30 2022 6.77 6.70 7.59 Beat 13.3
Mar. 31 2022 9.59 10.01 10.35 Beat 3.4
This summary was machine generated April 19 at 20:08 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)