West Fraser Timber Co Ltd reports results for the quarter ended in June - Earnings Summary

West Fraser Timber Co

26/07/2023 23:48

* West Fraser Timber Co Ltd  WFG.TO  reported a quarterly
adjusted
loss of $1.57​​ per share for the quarter ended in June. The
mean expectation of five analysts for the quarter was
for earnings of 48 cents per share.
    * Revenue fell 44.3% to $1.61 billion from a year ago;
analysts
expected $1.66 billion. 
    * West Fraser Timber Co Ltd's reported EPS for the quarter
was a
loss of $1.57​.
    * The mean earnings estimate of analysts had fallen by
about 32.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * West Fraser Timber Co Ltd shares had risen by 1.9% this
quarter and gained 18.6% so far this year.
    * The company reported a quarterly loss of $131 million.
    * Wall Street's median 12-month price target for West Fraser
Timber Co Ltd is $109.39 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
26 at 10:48 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.48           -1.57          Missed
 Mar. 31 2023      -0.35          -0.52          Missed
 Dec. 31 2022      -0.16          -1.13          Missed
 Sep. 30 2022      1.70           2.50           Beat