Stella-Jones Inc reports results for the quarter ended June 30 - Earnings Summary

• Stella-Jones Inc SJ.TO reported quarterly adjusted earnings of C$1.91​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of C$1.94. The mean expectation of eight analysts for the quarter was for earnings of C$1.80 per share. Wall Street expected results to range from C$1.60 to C$1.89 per share.

• Revenue fell 1.4% to C$1.03 billion from a year ago; analysts expected C$1.07 billion.

• Stella-Jones Inc's reported EPS for the quarter was C$1.91​.

• The company reported quarterly net income of C$106 million.

• Stella-Jones Inc shares had held steady so far this quarter and gained 10.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and 1 "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 Stella-Jones Inc is C$90.00, about 12.8% above its last closing price of C$78.49

This summary was machine generated from LSEG data August 7 at 05:11 p.m. UTC. ​All figures in Canadian 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)