West Fraser Timber Co Ltd reports results for the quarter ended June 30 - Earnings Summary

• West Fraser Timber Co Ltd WFG.TO reported a quarterly adjusted loss of 38 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.20. The mean expectation of five analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from -23 cents to 89 cents per share.

• Revenue fell 10.1% to $1.53 billion from a year ago; analysts expected $1.59 billion.

• West Fraser Timber Co Ltd's reported EPS for the quarter was a loss of 38 cents​.

• The company reported a quarterly loss of $24 million.

• West Fraser Timber Co Ltd shares had risen by 2.3% this quarter and lost 13.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 58.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for West Fraser Timber Co Ltd is $86.50, about 12.8% above its last closing price of $75.44

This summary was machine generated from LSEG data July 23 at 10:39 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)