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Scotiabank Issues Pessimistic Estimate for TSE:WEF Earnings


Scotiabank Issues Pessimistic Estimate for TSE:WEF Earnings

Western Forest Products Inc. (TSE:WEF - Free Report) - Equities research analysts at Scotiabank cut their FY2026 EPS estimates for Western Forest Products in a report released on Wednesday, January 8th. Scotiabank analyst B. Isaacson now anticipates that the company will earn $0.05 per share for the year, down from their prior estimate of $0.06. The consensus estimate for Western Forest Products' current full-year earnings is $0.00 per share.

Western Forest Products (TSE:WEF - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported C($0.06) EPS for the quarter, missing the consensus estimate of C($0.03) by C($0.03). Western Forest Products had a negative net margin of 4.13% and a negative return on equity of 7.64%. The firm had revenue of C$241.70 million for the quarter, compared to the consensus estimate of C$242.00 million.

Separately, TD Securities decreased their price objective on Western Forest Products from C$0.55 to C$0.50 and set a "hold" rating for the company in a report on Friday, November 8th.

View Our Latest Research Report on WEF

Shares of TSE WEF opened at C$0.43 on Friday. The firm's fifty day moving average is C$0.44 and its 200 day moving average is C$0.46. Western Forest Products has a 52 week low of C$0.39 and a 52 week high of C$0.72. The company has a quick ratio of 0.73, a current ratio of 2.97 and a debt-to-equity ratio of 18.43. The company has a market cap of C$134.62 million, a price-to-earnings ratio of -3.04, a PEG ratio of 0.32 and a beta of 1.81.

Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprised of Timber harvesting, Log sales, and Lumber manufacturing and sales.

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