Credit Suisse upgraded West Fraser from Neutral to Outperform and set a new price target of $95.00 from $100.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/24/2023 | $105.00 → $120.00 | Outperform → Strong Buy | Raymond James |
| 1/24/2023 | $100.00 → $95.00 | Neutral → Outperform | Credit Suisse |
| 11/23/2022 | $100.00 | Neutral | Credit Suisse |
| 6/23/2022 | $120.00 → $105.00 | Buy | TD Securities |
| 1/10/2022 | Neutral → Sector Outperform | CIBC | |
| 10/21/2021 | Sector Outperform → Neutral | CIBC |
VANCOUVER, BC, Oct. 23, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) reported today the third quarter results of 2024 ("Q3-24"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. Third Quarter Highlights Sales of $1.437 billion and earnings of $(83) million, or $(1.03) per diluted share Adjusted EBITDA1 of $62 million, representing 4% of sales Lumber segment Adjusted EBITDA1 of $(62) million, including $32 million of export duty expense attributable to the finalization of AR5 North America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $121 millionPulp & Paper segment Adjusted EB
VANCOUVER, BC, Oct. 3, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) will hold an analysts' conference call to discuss third quarter 2024 financial and operating results on Thursday, October 24, 2024 at 8:30 a.m. Pacific Time/11:30 a.m. Eastern Time. To participate in the call, please dial: 1-888-510-2154 (Toll-free North America) or (437) 900-0527 (Toll number) or connect on the webcast. Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Sean McLaren, President and Chief Executive Officer. Following management's discussion of the quarterly results, the analyst community will be invited to ask
VANCOUVER, BC, Sept. 19, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) announced today that it will indefinitely curtail its sawmill in Lake Butler, Florida by the end of this month. Today's decision is the result of high fiber costs and soft lumber markets. The indefinite curtailment of Lake Butler Sawmill will impact approximately 130 employees and reduce West Fraser's U.S. lumber capacity by approximately 110 million board feet. West Fraser expects to mitigate the impact on affected employees by providing work opportunities at other company operations. High fiber costs at Lake Butler and the current low-price commodity environment have impair
VANCOUVER, BC, Oct. 23, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) reported today the third quarter results of 2024 ("Q3-24"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. Third Quarter Highlights Sales of $1.437 billion and earnings of $(83) million, or $(1.03) per diluted share Adjusted EBITDA1 of $62 million, representing 4% of sales Lumber segment Adjusted EBITDA1 of $(62) million, including $32 million of export duty expense attributable to the finalization of AR5 North America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $121 millionPulp & Paper segment Adjusted EB
VANCOUVER, BC, Oct. 3, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) will hold an analysts' conference call to discuss third quarter 2024 financial and operating results on Thursday, October 24, 2024 at 8:30 a.m. Pacific Time/11:30 a.m. Eastern Time. To participate in the call, please dial: 1-888-510-2154 (Toll-free North America) or (437) 900-0527 (Toll number) or connect on the webcast. Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Sean McLaren, President and Chief Executive Officer. Following management's discussion of the quarterly results, the analyst community will be invited to ask
VANCOUVER, BC, Sept. 10, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) has declared a quarterly dividend of US$0.32 per share on the Common shares and Class B Common shares in the capital of the Company, payable on October 11, 2024 to shareholders of record on September 26, 2024. Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. Dividends are declared and payable in U.S. dollars. Shareholders may elect to receive their dividends in Canadian dollars. Details regarding the election procedure are available on our
SC 13D/A - WEST FRASER TIMBER CO., LTD (0001402388) (Subject)
SC 13D/A - WEST FRASER TIMBER CO., LTD (0001402388) (Subject)
SC 13G - WEST FRASER TIMBER CO., LTD (0001402388) (Subject)
VANCOUVER, BC, April 24, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) announced the voting results from its Annual General Meeting held on Wednesday, April 24, 2024 in Quesnel, B.C. Voting Results for the Election of Directors A total of 67,961,345 Common shares and Class B Common shares were voted at the meeting, representing 83.24% of the votes attached to all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows: Director Votes For % of Votes in Favour Votes Withheld % of Votes Withheld Hank Ketcham 62,562,698 96.60 2,202,873 3.40 Doyle N. Ben
VANCOUVER, BC, Dec. 12, 2023 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) has declared a quarterly dividend of US$0.30 per share on the Common shares and Class B Common shares in the capital of the Company, payable on January 15, 2024 to shareholders of record on December 29, 2023. Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. Dividends are declared and payable in U.S. dollars. Shareholders may elect to receive their dividends in Canadian dollars. Details regarding the election procedure are available on our
VANCOUVER, BC, Aug. 10, 2023 /PRNewswire/ - Hank Ketcham, Chairman of West Fraser's Board of Directors, ("West Fraser" or the "Company") (NYSE:WFG) announced today that Ray Ferris, our President and Chief Executive Officer, plans to retire on December 31, 2023. Ray has been with West Fraser for over 26 years in increasingly senior positions culminating in his appointment as President and Chief Operating Officer in 2018 and as President and Chief Executive Officer and a director of the Company in 2019. During his tenure as Chief Executive Officer the Company has grown substantially in sales, profits, product mix and geographic diversification. In addition, Ray has driven our strong commitmen
Raymond James upgraded West Fraser from Outperform to Strong Buy and set a new price target of $120.00 from $105.00 previously
Credit Suisse upgraded West Fraser from Neutral to Outperform and set a new price target of $95.00 from $100.00 previously
Credit Suisse initiated coverage of West Fraser with a rating of Neutral and set a new price target of $100.00
6-K - WEST FRASER TIMBER CO., LTD (0001402388) (Filer)
6-K - WEST FRASER TIMBER CO., LTD (0001402388) (Filer)
6-K - WEST FRASER TIMBER CO., LTD (0001402388) (Filer)
West Fraser Timber (NYSE:WFG) reported quarterly earnings of $1.20 per share which missed the analyst consensus estimate of $1.62 by 25.93 percent. The company reported quarterly sales of $1.71 billion which beat the analyst consensus estimate of $1.61 billion by 5.87 percent. This is a 6.03 percent increase over sales of $1.61 billion the same period last year.
West Fraser Timber (NYSE:WFG) reported quarterly earnings of $0.42 per share which missed the analyst consensus estimate of $0.46 by 8.7 percent. The company reported quarterly sales of $1.627 billion which beat the analyst consensus estimate of $1.465 billion by 11.03 percent. This is the same as the same period last year.
Companies Reporting Before The Bell • RTX (NYSE:RTX) is expected to report quarterly earnings at $1.23 per share on revenue of $18.41 billion. • MSCI (NYSE:MSCI) is expected to report quarterly earnings at $3.45 per share on revenue of $684.13 million. • Quest Diagnostics (NYSE:DGX) is expected to report quarterly earnings at $1.85 per share on revenue of $2.29 billion. • Community Bank System (NYSE:CBU) is expected to report quarterly earnings at $0.78 per share on revenue of $176.83 million. • Herc Hldgs (NYSE:HRI) is estimated to report quarterly earnings at $2.15 per share on revenue of $782.85 million. • JetBlue Airways (NASDAQ:JBLU) is expected to report quarterly loss at $0.52 p