Interfor Corporation (IFSPF)
OTHER OTC:IFSPF
Earnings Data
Report Date
May 14, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.45Last Year’s EPS
<0.01Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call reflected a cautious but constructive tone: the company continues to face significant market and trade headwinds—manifested in a negative adjusted EBITDA and constrained pricing—but has taken decisive balance sheet, working capital and portfolio actions that materially improve liquidity and operational flexibility. Cost per unit improved (4%), working capital efforts produced breakeven operating cash flow in Q4 and multi-year positive operating cash flows (~$300M over 2023–2025). Management expects further benefit from supply reductions (Canadian shipments down materially) and the commissioning of a top‑decile Thomaston mill, while capital discipline and divestiture plans support debt reduction priorities. Given the mix of persistent near-term performance challenges and meaningful strategic/financial mitigants, the overall tone is balanced.Company Guidance
Improved Sequential EBITDA Performance
Adjusted EBITDA improved to negative $29 million in Q4 from negative $36 million in Q3 (normalized), an improvement of $7 million (≈19% sequential improvement), driven by cost reductions and inventory valuation benefits.
Working Capital and Cash Flow Strength
Cash flow from operations was breakeven in Q4 due to meaningful working capital recovery (reduced inventories and lower receivables). Cash flow from operations has been positive in 2023–2025, totaling just over $300 million across the three-year period.
Unit Cost Improvement
Production cost per unit improved by 4% in Q4, as downtime-related conversion cost increases were more than offset by positive inventory valuation adjustments as prices began to recover late in the year.
Liquidity and Balance Sheet Actions
Completed an equity raise and net debt‑neutral refinancing initiatives; year-end net debt to capitalization was 36.5% and pro forma available liquidity was $482 million, clearing the 2026–2027 debt maturity runway and providing flexibility.
Capital Allocation Discipline and Lower Capex Outlook
Committed to directing any free cash flow to debt reduction. Capital expenditure guidance of $75–$80 million for 2026 and preliminary ~$60 million for 2027, largely maintenance-focused.
Thomaston Mill Commissioning
Final phase of Thomaston (Georgia) mill advanced with commissioning expected in early March; management expects the asset to be a top‑decile performer and to materially improve long‑term cost structure.
Planned Divestitures to Bolster Flexibility
Ongoing sale of B.C. Coast forest tenures (guidance ~$30–$35 million) and active marketing of former Summerville and Meldrim real estate expected to generate meaningful proceeds; timing targeted over next 12–18 months.
Employee Turnover Improvement
Employee turnover continued to improve, notably in the U.S. South—roughly a ~3% overall improvement in the South and double-digit percentage improvements at several focus mills, reflecting better retention and engagement.
Industry Supply Reduction Supporting Market Balance
Canadian shipments into the U.S. annualized to ~8.5 billion board feet over the last 6 months versus ~10 billion in 2025 and ~11.5 billion in 2024 — indicating a material supply decline (approx. 15% decline vs 2025 and ~26% vs 2024) that could help rebalance markets as demand normalizes seasonally.
IFSPF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IFSPF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 12, 2026 | $8.14 | $8.05 | -1.13% |
Nov 06, 2025 | $5.61 | $5.60 | -0.18% |
Aug 07, 2025 | $8.96 | $9.24 | +3.12% |
May 08, 2025 | $10.10 | $9.99 | -1.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Interfor Corporation (IFSPF) report earnings?
Interfor Corporation (IFSPF) is schdueled to report earning on May 14, 2026, TBA (Confirmed).
What is Interfor Corporation (IFSPF) earnings time?
Interfor Corporation (IFSPF) earnings time is at May 14, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IFSPF EPS forecast?
IFSPF EPS forecast for the fiscal quarter 2026 (Q1) is -0.45.