Bullboard - Stock Discussion Forum West Fraser Timber Co Ltd WFG

Primary Symbol: T.WFG

Forest Products Lumber & Wood Production

West Fraser Timber Co. Ltd. is a diversified wood products company. The Company is engaged in manufacturing, selling, marketing and distributing lumber, engineered wood products, including oriented strand board (OSB), laminated veneer lumber (LVL), medium-density fiberboard (MDF), plywood, particleboard, pulp, newsprint, wood chips and other residuals and renewable energy. Its products are used... see more

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West Fraser Timber Co Ltd > Q3 projections

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Post by Frost19 on Sep 13, 2021 9:21am

Q3 projections

I see yahoo fiance has updated their Q3 projections for WFG.

Yahoo finance projects Q3 to be 5.19 EPS which is roughly 550-600M USD in earnings.

WFG has also beaten yahoo finance projections last 4 quarters so maybe closer to $6 EPS is more likely. Ontop of that I'm not sure yahoo finance is taking into account the share buybacks that are on going.

Q1 EPS was 6.96/665M USD and I had thought Q3 could be close to that.

We'll see but I think this is excellent news that in a more normal enviroment that WFG could still be pulling in 500M+ USD in earnings per quarter.

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Comment by dosperros on Sep 13, 2021 5:08pm

You might see a modest beat on panels but Q1 is going to be much better result that Q3, adjusted for Norbord assets at run-rate at least. I can't see Scotia's earnings for WFG for some reason, but they have CFP at 62% of Q1 in Q3. LPX is about pairity. So, maybe call it 80% of Q1. The curtailments were material too this Q. The action may be on assets and M&A. ...more

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