
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 |