- Interfor’s earnings per share (EPS) for the second quarter reported at C$0.22, significantly better than last year’s loss of C$1.47 per share and the expected loss of C$0.39 per share.
- The company achieved sales of C$780.5 million, marking a 1.2% increase compared to the previous year, and surpassing the estimated C$753.3 million.
- Interfor’s adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) was C$17.2 million, compared to a loss of C$16.7 million in the same quarter last year, but fell short of the expected C$25.6 million.
- Total lumber production for the quarter stood at 935 million board feet.
- Analyst recommendations include 3 buys, 3 holds, and no sells.
A look at Interfor Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 1 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Interfor Corp, a timber harvesting and lumber manufacturing company based in Western Canada, shows a promising long-term outlook based on Smartkarma Smart Scores. With a top-notch Value score of 5, Interfor Corp is viewed favorably in terms of its intrinsic worth compared to its market price. Although its Dividend score is low at 1, indicating lesser dividend payouts, the company demonstrates potential for growth with a score of 2. Additionally, Interfor Corp displays fair levels of Resilience and Momentum, scoring 2 and 3 respectively.
Looking ahead, Interfor Corp‘s strong value proposition coupled with its growth potential could bode well for investors eyeing long-term opportunities in the timber and lumber industry. While the company may need to focus on enhancing its dividend payouts and bolstering resilience, its positive momentum suggests a favorable trajectory ahead, making it a stock to watch for those interested in the sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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