Post by
JohnnyTSX on Feb 07, 2021 9:38pm
Earnings Predictions?
Anyone have any predictions for pre-merger earnings this week?
Last quarter was $350m & $5.09 on $1.69B in sales
With the reductions in duties and pricing for the quarter, I would expect to see $375-400m or $5.50 - 5.80/share on $1.8B in sales.
Will see how close I get.
GLTA.
Comment by
Dadsaid2 on Feb 08, 2021 3:54pm
I think earnings will be about the same as Q3. Slightly lower lumber prices will be offset by lower duties and slightly higher production. The dark horse is how much did they ship and invoice. Christmas can be tough on mills as trucks and rail cars tighten up. Compare Q4 &Q3 inventory numbers if they miss as the $ will.be sitting there. GLTA
Comment by
Kojacks88 on Feb 08, 2021 8:59pm
Sounds realistic, xmas does tighten things up and logistics are slower than malasis lately. Q1/21 will be the real big upside as builders have no choice but buy pricy lumber to keep up with demand. WFG will beat Q3 slightly but by a small margin. sounds like everyones bets are in. GL