Western Forest Products Inc. (TSE:WEF – Free Report) – Research analysts at Scotiabank reduced their Q3 2024 EPS estimates for Western Forest Products in a report issued on Monday, October 21st. Scotiabank analyst B. Isaacson now anticipates that the company will earn ($0.03) per share for the quarter, down from their prior estimate of ($0.01). The consensus estimate for Western Forest Products’ current full-year earnings is $0.00 per share.
Western Forest Products (TSE:WEF – Get Free Report) last posted its earnings results on Wednesday, July 31st. The company reported C($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of C($0.03) by C$0.02. Western Forest Products had a negative net margin of 4.13% and a negative return on equity of 7.64%. The firm had revenue of C$309.50 million for the quarter, compared to analysts’ expectations of C$258.00 million.
Read Our Latest Stock Report on Western Forest Products
Western Forest Products Price Performance
Western Forest Products has a 52-week low of C$0.41 and a 52-week high of C$0.81. The stock’s fifty day moving average price is C$0.48 and its two-hundred day moving average price is C$0.49. The company has a debt-to-equity ratio of 18.43, a current ratio of 2.97 and a quick ratio of 0.73. The company has a market cap of C$156.79 million, a price-to-earnings ratio of -3.57, a P/E/G ratio of 0.32 and a beta of 1.81.
Western Forest Products Company Profile
Western Forest Products Inc operates as an integrated softwoods forest products company in Canada, the United States, Japan, China, Europe, and internationally. It is involved in timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber.
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