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Stock impact report

Here's What Analysts Are Forecasting For West Fraser Timber Co. Ltd. (TSE:WFG) After Its First-Quarter Results [Yahoo! Finance]

West Fraser Timber Co. Ltd Common stock (WFG) 
Company Research Source: Yahoo! Finance
The results were positive, with revenue coming in at US$1.6b, beating analyst expectations by 9.6%. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. View our latest analysis for West Fraser Timber Following last week's earnings report, West Fraser Timber's six analysts are forecasting 2024 revenues to be US$6.47b, approximately in line with the last 12 months. Earnings are expected to improve, with West Fraser Timber forecast to report a statutory profit of US$4.26 per share. In the lead-up to this report, the analysts had been modelling revenues of US$6.21b and earnings per share (EPS) of US$3.96 in 2024. So there seems to have been a moderate uplift in sentiment following the latest resul Show less Read more
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