Post by
Hanalyst727 on May 10, 2021 3:40am
275% increase to Q2 earnings est coming
Analysts had IFP earning from $3.12 to $3.95 this quarter (Q2) with average $3.27
Based on current futures prices, it is obvious from my simple model that IFP is going to earn $9/shr net income, or more depending on how production in the US South goes, and assuming prices are flat from here.
At current prices of U$1600 and C$1.21 per US$, Interfor is earning at C$ 44/ year NET income.
Note: this is $7/ share more than their current share price.
Here is the math: 44 - 36.92 = 7.08
It is not my intention to suggest that IFP management is a bit slow on the uptake here in terms of understanding the value of their own commodity to the end users in an era of actual scarcity, and failing to get ahead of things by not aggressively buying back shares when they had the chance.
Remember, IFP is a company that exists because it prevailed in a brutal decades-long survival of the fittest in terms of being efficient and smart and low-cost operators.
Comment by
Rational43 on May 10, 2021 9:31am
It is certainly my intention to note that analysts who have earnings estimates of $3.27 a share for Q2 are inexcusably stupid and lazy, capable of neither checking the lumber prices, nor a calendar.