Bullboard - Stock Discussion Forum Interfor Corp T.IFP

Alternate Symbol(s): IFSPF

Forest Products Lumber & Wood Production

Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in Canada and the United States for sale to markets around the world. It operates through the solid wood products segment. The Company’s product categories include Dimension Lumber, Specialty Lumber and Engineered Wood Products. Its products include Spruce-Pine-Fir, Douglas Fir... see more

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TSX:IFP - Post Discussion

Interfor Corp > ... disappointed

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Post by morzine on Nov 04, 2021 5:39pm

... disappointed

Adjusted net earnings in Q3’21 were $46.7 million compared to $433.5 million in Q2’21 and $140.0 million in Q3’20.

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Comment by Eastbank on Nov 04, 2021 6:10pm

Put those comparisons aside... estimates for EPS was .59 and this was a big beat at 1.05 !

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Comment by sunshine7 on Nov 04, 2021 6:15pm

and an easy street beat at that! Like I said before, you can double that for Q4. Will sleep easy tonite.

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Comment by felix10 on Nov 04, 2021 8:22pm

Agreed it was a major beat of expectations. No point comparing it to the previous 2 quarters as everyone knew the price of lumber has come way down. I would think the stock will rally tomorrow.

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Interfor Corp