In This Article:
West Fraser Timber (TSE:WFG) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$1.44b (down 16% from 3Q 2023).
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Net loss: US$83.0m (down by 152% from US$159.0m profit in 3Q 2023).
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US$1.03 loss per share (down from US$1.90 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
West Fraser Timber Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates by 16%.
Looking ahead, revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Forestry industry in Canada.
Performance of the Canadian Forestry industry.
The company's share price is broadly unchanged from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on West Fraser Timber's balance sheet health.
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