Earnings Preview: West Fraser Timber
Portfolio Pulse from Benzinga Insights
West Fraser Timber (NYSE:WFG) is set to release its quarterly earnings report on October 25, 2023. Analysts estimate an EPS of $1.37. The company's past performance shows a trend of missing EPS estimates and subsequent share price drops. The stock is currently trading at $66.15, down 13.37% over the last 52-week period.
October 24, 2023 | 6:01 pm
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West Fraser Timber is expected to report an EPS of $1.37 in its upcoming earnings. The company's history of missing EPS estimates and subsequent share price drops could impact investor sentiment.
West Fraser Timber has a history of missing EPS estimates, which has typically resulted in a drop in share price. Given this trend, and the fact that the stock is already down 13.37% over the last 52-week period, it's likely that the upcoming earnings report could have a negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100