West Fraser Timber's Earnings Outlook
Portfolio Pulse from Benzinga Insights
West Fraser Timber (NYSE:WFG) is anticipated to report a quarterly EPS of $0.30 on February 14, 2024. Investors are keen on both the earnings outcome and the company's future guidance. Historically, WFG has shown mixed results in beating EPS estimates, with a notable 1.18% share price increase following last quarter's earnings beat. Currently, WFG shares are trading at $78.84, marking a 6.05% decline over the past year, indicating a bearish sentiment among long-term shareholders.
February 13, 2024 | 4:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
West Fraser Timber is expected to report a quarterly EPS of $0.30 on February 14, 2024. The company's past performance and future guidance will be key factors influencing investor sentiment and stock price movement.
The expected EPS of $0.30 sets a cautious outlook for WFG, with investor focus on both the earnings result and future guidance. Historical data shows mixed reactions to past earnings, with a recent 1.18% increase after the last beat. However, the overall 6.05% yearly decline in share price reflects a bearish sentiment that could temper any positive short-term impact from the earnings report. The company's ability to exceed expectations and provide positive guidance will be critical in determining the short-term stock movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100