RE:RE:4Q Financials From what i can see the 4 analysts surveyed on Yahoo are at $1.26 up from $1.09, 7 days ago.
They were at 88 cents 30 days ago.
On Investing.com web site the forcast is $1.31 on revenue of $719 milllion.
In the recent Q3. IFP recorded a $22.8m profit on the sale of Hammond.
Contraire to what i am reading on the board, i don't think EPS will be as high as stated.
In Q3 IFP got $744 as and avg selling price.I don't think it will be as high in Q4.
While EPs may be in the low $1 in Q4.Q1 2022 will be again huge.Daryl Swetlishoff just said on BNNTV said that cash price is in the $1200 right now and that order files extend at the end of feb.
He said that IFP Q1 2022 will be the second best ever and that they are trading at free cash flow of 50%.His target is $60 and he his using $525 to get to his target.
Last year many were predicting a crash in lumber price.Well it's not happening.Lumber demand
will be again very high this year based on underbuilt in the USA and in Canada
The Q1 2022 forcast is $3.61 on revenue of 840 million(see below).I would be very surprised if management are buying under the NCIB at these levels.
Having very low and conservative buying metrics(Just like their acquisitions), i think, they will
be there as a back stop if the stock trades back at ridiculous low level(Below$35).
I also think that they will apply excess cash to pay down the EACOM acquisition ASAP and
if the price continue to appreciate, we will get another special dividend.
I don't think they are over with growing by acquisitions.They want to keep a clean and strong balance sheets.IFP is not getting all the credit for de risking the balance sheet
Also, i think the closing of EACOM will be at the end of this month not in Q2 of 202
| Release Date | Period End | EPS | / Forecast | Revenue | / Forecast |
| May 05, 2022 | 03/2022 | -- | / 3.61 | -- | / 840.1M |
| Feb 03, 2022 | 12/2021 | -- | / 1.31 | -- | / 718.59M |
| Nov 04, 2021 | 09/2021 | 0.74 | / 0.611 | 664.27M | / 617.23M |
| Aug 05, 2021 | 06/2021 | 6.67 | / 6.05 | 1.1B | / 1.07B |
| May 06, 2021 | 03/2021 | 4.11 | / 4.04 | 849.3M | / 823.67M |
| Feb 04, 2021 | 12/2020 | 2.47 | / 1.95 | 662.3M | / 660.43M |