Interfor (IFP) Set to Announce Earnings on Thursday

Interfor (TSE:IFP – Get Free Report) is set to issue its quarterly earnings data after the market closes on Thursday, November 2nd. Analysts expect the company to announce earnings of C$0.76 per share for the quarter.

Interfor (TSE:IFP – Get Free Report) last announced its quarterly earnings data on Thursday, August 3rd. The company reported C($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.01) by C($0.14). Interfor had a negative net margin of 3.50% and a negative return on equity of 6.13%. The company had revenue of C$871.80 million for the quarter.

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Interfor Trading Up 1.8 %

Shares of IFP opened at C$17.39 on Thursday. The company has a 50 day simple moving average of C$20.30 and a two-hundred day simple moving average of C$21.91. Interfor has a 1 year low of C$16.78 and a 1 year high of C$28.73. The company has a debt-to-equity ratio of 49.13, a current ratio of 2.51 and a quick ratio of 1.15. The firm has a market cap of C$894.54 million, a P/E ratio of -9.30 and a beta of 2.49.

Analyst Ratings Changes

A number of analysts recently issued reports on IFP shares. Royal Bank of Canada lowered their price target on Interfor from C$32.00 to C$30.00 and set an “outperform” rating for the company in a research report on Friday, October 20th. Raymond James decreased their target price on Interfor from C$41.00 to C$32.00 and set a “strong-buy” rating for the company in a research report on Friday, October 20th. Finally, CIBC decreased their target price on Interfor from C$32.00 to C$26.00 and set an “outperform” rating for the company in a research report on Friday, October 13th.

View Our Latest Report on IFP

Interfor Company Profile

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Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. It offers decking, fascia and board, framing, v-joint paneling, paneling, and siding products, as well as appearance, structural, studs, timbers, and machine stress related products.

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