Bullboard - Stock Discussion Forum Norbord Inc. T.OSB

Forest Products Lumber & Wood Production

"Norbord is the largest global producer of oriented strand board, which is used as a structural panel for building applications. The majority of its mills are located throughout the United States, with additional capacity in Northern Europe."

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TSX:OSB - Post Discussion

Norbord Inc. > Q4 2017 earnings

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Post by carlocarli on Jan 12, 2018 1:54pm

Q4 2017 earnings

OSB will be reporting its Q4 2017 earnings in about three weeks. The consensus forecast is $1.32/share. Does anyone have any thoughts? Does anyone feel that there will be a surprise, one way or the other?
Good luck to all

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Comment by DADsaid37 on Jan 15, 2018 12:12pm

Q4 should be slightly higher than Q3 2017 based on R/L prices. Not sure sure what currency your $ 1.32 concensus is but that must be USD. I've seen $ 1.73 Cdn concensus and I think Q3 actual was $ 1.74 Cdn. My guess is $ 1.82 but that depends on how much Christmas downtown was taken at their mills and all the year end things that go on at big companies. But ...more

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Comment by carlocarli on Jan 16, 2018 9:33am

You are right, I neglected to specify that the forecast I quoted was in USD (the currency that OSB uses in its financial statements). I hope you are right with your forecast. Good luck to all.

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Comment by tiker22 on Jan 24, 2018 3:18pm

Looks like market is anticipating good Q4 results. Buying on rumour? Could then sell off if not very positive results. Wonder if hurricanes will positive effect revenue?

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Comment by tiker22 on Jan 27, 2018 12:21pm

EPS consensus is about $1.39US. I think it will be higher, guessing $1.42US or more in anticipation of increased revenue based on production ramp up. Q1 of 2018 also looks good due to continued demand from hurricanes and fires in California. OSB prices on the rise. We will see shortly but I'm emboldened by stock price increase of late.

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Comment by tiker22 on Feb 02, 2018 6:20pm

OSB smashed previous records in many areas in 2017. The 4th quarter was awesome and my EPS prediction was pretty much bang on ($1.42 US/basic share), about .03 over street consensus.. Unfortunately none of this was reflected in today's stock price due to the total market sell off today in Canada and the US. I am hopeful that this is a blip and SP will recover and go much higher given this ...more

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Comment by dosperros on Feb 26, 2018 11:55pm

Hurricanes this year will be a larger impact, all equal. We are 100,000 hosuing starts higher and have only seen maybe 4 new mills start up (one of which is Norbord). We also have booming repair and remodelling and Norbord's value-add focus. For context, a house takes 14,000 or so SF of OSB. So 4 mills at partial capacity (300 MMSF each) for a year would be enough for 85,000 ...more

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