Conifex Timber Inc. (TSE:CFF – Free Report) – Equities research analysts at Raymond James cut their FY2024 earnings per share (EPS) estimates for Conifex Timber in a report released on Monday, July 22nd. Raymond James analyst D. Swetlishoff now forecasts that the company will earn ($0.55) per share for the year, down from their prior forecast of ($0.27). Raymond James has a “Outperform” rating and a $1.50 price target on the stock. The consensus estimate for Conifex Timber’s current full-year earnings is $0.03 per share. Raymond James also issued estimates for Conifex Timber’s FY2025 earnings at ($0.11) EPS.
Conifex Timber (TSE:CFF – Get Free Report) last released its earnings results on Thursday, May 9th. The company reported C($0.11) EPS for the quarter. The firm had revenue of C$40.70 million during the quarter. Conifex Timber had a negative net margin of 21.70% and a negative return on equity of 23.40%.
Conifex Timber Stock Up 8.7 %
Conifex Timber Company Profile
Conifex Timber Inc primarily manufactures and sells lumber products in the United States, Canada, Japan, and internationally. It is involved in the timber harvesting, reforestation, and forest management activities; manufacture of finished softwood lumber from spruce, pine, and fir logs; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips, as well as residual products, such as wood chips, trim blocks, sawdust, shavings, and barks; and providing value added lumber finishing services.
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