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

West Fraser Timber Co

26/04/2023 24:01

* West Fraser Timber Co Ltd  WFG.TO  reported a quarterly
adjusted
loss of 52 cents​​ per share for the quarter ended in March. The
mean expectation of five analysts for the quarter was for a loss
of 35 cents per share.
    * Revenue fell 47.7% to $1.63 billion from a year ago;
analysts
expected $1.64 billion. 
    * West Fraser Timber Co Ltd's reported EPS for the quarter
was a
loss of 52 cents​.
    * The mean earnings estimate of analysts had fallen by
about 150%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * West Fraser Timber Co Ltd shares had risen by 4.9% this
quarter and gained 3.5% so far this year.
    * The company reported a quarterly loss of $42 million.
    * Wall Street's median 12-month price target for West Fraser
Timber Co Ltd is $106.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
April 25 at 11:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      6.70           7.59           Beat