West Fraser Timber Co Ltd expected to post earnings of $6.70 a share - Earnings Preview

West Fraser Timber Co

26/07/2022 24:02

* West Fraser Timber Co Ltd  WFG.TO   is expected to show a
fall
in quarterly revenue when it reports  results on July 27. 
    * The Vancouver British Columbia-based  company is expected
to
report  a 28.7% decrease in revenue to $2.693 billion from $3.78
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 $6.70 per share. For the same quarter last
year, the company reported earnings of $12.39 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 $111.22​, below​ its last closing price
of C$127.86. ​​​
    * 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 2022  9.59        10.01      10.35     Beat    3.4
 Dec. 31 2022  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
 ​​Mar.        5.81        6.23       7.03      Beat    14.2
 31 2021                                                
 Dec. 31 2020  3.26        3.51       3.78      Beat    10​
 Sep. 30 2020  3.75        3.48       4.23      Beat    22.7
 Jun. 30 2020  0.23        0.14       0.82      Beat    500
 This summary was machine generated July 25 at 23:02 GMT.  All
figures in US dollars  unless otherwise stated