West Fraser Timber (TSE:WFG – Get Free Report) is scheduled to announce its earnings results after the market closes on Wednesday, October 23rd. Analysts expect the company to announce earnings of C($0.22) per share for the quarter.
West Fraser Timber (TSE:WFG – Get Free Report) last issued its earnings results on Wednesday, July 24th. The company reported C$1.64 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.76 by C($0.12). West Fraser Timber had a return on equity of 1.98% and a net margin of 2.21%. The firm had revenue of C$2.33 billion during the quarter, compared to the consensus estimate of C$2.21 billion.
West Fraser Timber Trading Down 1.2 %
TSE:WFG opened at C$133.11 on Monday. The firm has a market capitalization of C$10.39 billion, a P/E ratio of 58.38 and a beta of 2.03. The company has a quick ratio of 2.10, a current ratio of 2.33 and a debt-to-equity ratio of 7.39. The company has a fifty day moving average of C$125.36 and a 200 day moving average of C$114.89. West Fraser Timber has a 52 week low of C$88.61 and a 52 week high of C$141.27.
West Fraser Timber Cuts Dividend
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the stock. BMO Capital Markets raised shares of West Fraser Timber to a “strong-buy” rating in a research report on Tuesday, July 30th. CIBC increased their price target on shares of West Fraser Timber from C$125.00 to C$138.00 and gave the stock an “outperform” rating in a research note on Monday, July 29th.
Check Out Our Latest Stock Analysis on West Fraser Timber
About West Fraser Timber
West Fraser Timber Co Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It offers spruce-pine-fir, douglas fir-larch, hem-fir, and southern yellow pine lumber, treated wood products, medium density fiberboard panels and plywood, oriented strand board, and laminated veneer lumber wood products, as well as particleboards.
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