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Canfor (CFP) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 29, 2026

TBA (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

-0.36

Last Year’s EPS

-0.56

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 6 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Mar 05, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call presented a balanced view: management highlighted meaningful strategic actions (mill closures, geographic diversification, targeted capex, and solid corporate liquidity) and early signs of cost improvement in Sweden and improved pricing from industry downtime. However, near-term financial performance remains under pressure with Q4 adjusted EBITDA losses in both lumber (-$8M) and pulp (-$17M), a significant $250.6M European impairment, elevated duties and tariff-related cash pressures, elevated pulp inventories, and potential covenant risk for Canfor Pulp absent a corporate transaction. The company’s strong liquidity and strategic repositioning are positives that partially offset the operational and market headwinds.

Company Guidance

Management's guidance focused on 2026 capital spending of roughly $210 million—about $175 million for lumber and $35 million for Canfor Pulp (with ~40% of the budget described as discretionary)—while warning of continued near‑term market volatility but expecting constrained supply to support higher European lumber pricing into Q2. Key metrics cited: Q4 adjusted EBITDA losses of $8 million for lumber (down $6 million QoQ) and $17 million for pulp (down $14 million QoQ), European lumber adjusted EBITDA of $42 million for 2025, a Q4 asset write‑down/impairment of $250.6 million (excluded from adjusted EBITDA), Canfor Pulp net debt of $104 million with $40 million available liquidity, Canfor (ex‑Pulp and duty loan) net debt of ≈$226 million with ≈$1.2 billion available liquidity, pulp inventory at ~47 days (about a one‑week overhang ≈0.5 million tonnes in a 25 million tonne market), and management saying it is highly probable Canfor Pulp will meet covenants in Q1 absent a transaction; they also noted 9 sawmill closures since 2023 totaling 2.3 billion board feet of capacity.

Strategic transformation and asset rationalization

Canfor has undertaken a multi-year transformation to strengthen its operating platform: since 2023 the company closed 9 high-cost sawmills (including 2 in 2025) representing 2.3 billion board feet of capacity, while investing in new U.S. South facilities and expanding operations in Sweden to diversify assets and improve cost competitiveness.

CapEx guidance and disciplined spend

2026 total capital spend guidance of approximately $210 million, split as $175 million for lumber (≈83.3% of total) and $35 million for Canfor Pulp (≈16.7% of total). Management indicated roughly 40% of the capex budget is discretionary, with identified strategic projects (e.g., El Dorado, Urbana) expected to proceed.

Solid corporate liquidity and balance sheet flexibility

Canfor (excluding Canfor Pulp and a 2024 duty loan) ended the quarter with net debt of ~ $226 million and available liquidity of $1.2 billion, providing flexibility to manage market uncertainty and pursue strategic opportunities.

European lumber full-year contribution and operating improvements

European lumber generated adjusted EBITDA of $42 million for 2025. Management reports early improvements to the underlying cost structure in Sweden and expects constrained regional supply to support higher pricing into Q2.

North American market-driven pricing improvement

Industry-wide downtime in December contributed to stronger lumber pricing to start the year, particularly for Southern Yellow Pine, offering near-term pricing support amid volatile markets.

Corporate reorganization plan (Canfor / Canfor Pulp transaction)

Canfor entered an agreement to acquire all outstanding shares of Canfor Pulp not already owned by the company; the pending shareholder vote could simplify ownership and facilitate balance-sheet / covenant outcomes for Canfor Pulp.

Canfor (TSE:CFP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:CFP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 29, 2026	2026 (Q2)	-0.36 / -	-0.56	―	―	―
May 06, 2026	2026 (Q1)	-0.66 / -0.62	-0.32	-93.75% (-0.30)
Mar 05, 2026	2025 (Q4)	-1.02 / -1.22	-0.33	-269.70% (-0.89)
Nov 05, 2025	2025 (Q3)	-0.93 / -1.48	-1.65	10.30% (+0.17)
Jul 31, 2025	2025 (Q2)	-0.31 / -0.56	-1.42	60.56% (+0.86)
May 08, 2025	2025 (Q1)	-0.33 / -0.32	-0.44	27.27% (+0.12)
Mar 06, 2025	2024 (Q4)	-0.42 / -0.33	-1.06	68.87% (+0.73)
Oct 25, 2024	2024 (Q3)	-1.16 / -1.65	-0.16	-931.25% (-1.49)
Jul 25, 2024	2024 (Q2)	-0.57 / -1.42	-0.36	-294.44% (-1.06)
May 01, 2024	2024 (Q1)	-0.66 / -0.44	-1.2	63.33% (+0.76)

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

TSE:CFP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 06, 2026	C$11.87	C$12.40	+4.47%
Mar 05, 2026	C$13.58	C$13.11	-3.46%
Nov 05, 2025	C$12.17	C$12.30	+1.07%
Jul 31, 2025	C$13.58	C$13.49	-0.66%

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 Canfor Corporation (TSE:CFP) report earnings?

Canfor Corporation (TSE:CFP) is schdueled to report earning on Jul 29, 2026, TBA (Confirmed).

What is Canfor Corporation (TSE:CFP) earnings time?

Canfor Corporation (TSE:CFP) earnings time is at Jul 29, 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 TSE:CFP EPS forecast?

TSE:CFP EPS forecast for the fiscal quarter 2026 (Q2) is -0.36.