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WFG West Fraser Timber Co News Story

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West Fraser Timber Co Ltd reports results for the quarter ended December 31 - Earnings Summary

* West Fraser Timber Co Ltd  WFG.TO  reported a quarterly
adjusted
loss of 77 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of $-1.83.  The mean expectation of four analysts
for the quarter was for earnings of 6 cents per share. Wall
Street expected results to range from 5 cents to 6 cents per
share.
    * Revenue fell 7.2% to $1.41 billion from a year ago;
analysts
expected $1.42 billion. 
    * West Fraser Timber Co Ltd's reported EPS for the quarter
was a
loss of 77 cents​.
    * The company reported a quarterly loss of $62 million.
    * West Fraser Timber Co Ltd shares had fallen by 2.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 110%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the forest & wood
products peer group is also "buy"

Wall Street's median 12-month price target for West Fraser
Timber Co Ltd is $116.00 
This summary was machine generated from LSEG data February 12 at
11:50 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.06           -0.77          Missed
 Sep. 30 2024      -0.58          -1.03          Missed
 Jun. 30 2024      1.32           1.20           Missed
 Mar. 31 2024      0.20           0.42           Beat

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