West Fraser Timber Co Ltd expected to post earnings of 48  cents a share - Earnings Preview

West Fraser Timber Co

24/07/2023 21:35

* West Fraser Timber Co Ltd  WFG.TO   is expected to show a
fall
in quarterly revenue when it reports  results on July 26. 
    * The Vancouver British Columbia-based  company is expected
to
report  a 42.4% decrease in revenue to $1.663 billion from $2.89
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 48 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for West Fraser
Timber Co Ltd is $109.39​, below​ its last closing price
of C$114.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.41       -0.35      -0.52     Missed  -48.6
 Dec. 31 2023  -0.11       -0.16      -1.13     Missed  -615.2
 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.        9.59        10.01      10.35     Beat    3.4
 31 2022                                                
 Dec. 31 2021  3.23        3.37       3.13      Missed  -7​
 Sep. 30 2021  3.93        4.16       4.20      Beat    1
 Jun. 30 2021  11.47       11.35      12.39     Beat    9.2
 This summary was machine generated July 24 at 20:35 GMT.  All
figures in US dollars  unless otherwise stated