RE:Earnings beatSame pattern for almost all lumber companies, IFP, CFP, WFG....
SP is skidding and stalling at relatively low values. At the same time, analysts are highly confident; share buyback is running well; dividends were paid; debt is very low; earnings are at record levels; cash available for near term projects is all there; lumber demand is expected to remain high for the next 2 years. The only reason why SP is down could be the current lumber value; however, a large number of both market and wood industry analysts are projecting higher lumber value over the next few monts, after the summer season.