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GreenFirst Forest Products (TSE:GFP)
TSX:GFP
Canadian Market
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GreenFirst Forest Products (GFP) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Aug 12, 2026
After Close (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
Last Year’s EPS
-0.42
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q1 2026
Earnings Call Date:May 06, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
Mixed results: the company delivered noteworthy operational progress (Chapleau saw line ramp, completed planer and cogeneration projects, improved lumber quality), reduced some cost pressures (NRV and freight), and secured meaningful government financing to shore up liquidity. However, material negatives remain — revenues and shipments declined significantly, the company remains loss-making (negative EBITDA and operating loss), tariffs continue to materially impact costs, and working capital/ liquidity were strained. Early price recovery and housing indicators are positive, but the near-term outlook remains cautious.
Company Guidance
Guidance: GreenFirst expects only a modest lumber price increase in H2 2026 and remains cautious given high mortgage rates and geopolitical uncertainty, though a preliminary U.S. duty cut to ~25% from 35% (plus a 10% Section 232 tariff) in October would provide some relief. Operationally, the Chapleau saw line increased production +60% Jan–Mar, is operating at ~90% of target with full integration expected in Q2, and the planer and cogeneration projects are complete; the company has only partially advanced the previously announced $50M Phase 1 capex program. Q1 metrics: revenue $60.6M (lumber $55.4M, byproduct $5.2M), shipments 83 Mbf (production 90.6 Mbf), cost of sales $62.6M, NRV expense $1.8M (vs $10.2M in Q4), duties $12.1M, EBITDA -$15.1M (vs -$21.7M Q4, +$5.1M Q1 2025), operating loss $19M, cash $6.5M (from $3.5M), revolver availability $19.6M (from $39.4M), financing inflows $38.6M including a $30M BDC loan, working capital outflow $22.5M and operating cash impact ~ $12.7M, with continued focus on disciplined cash management.
Maintained Excellent Safety Performance
Company continued record safety results and strong safety culture in Q1, maintaining industry-leading safety metrics (no impairments related to safety reported).
Improved Liquidity via Government Financing
Secured $30.0 million federal loan (BDC) and ~ $2.4 million provincial CHIP support in Q1; cash balance rose to $6.5 million from $3.5 million at prior quarter-end, and financing activities provided $38.6 million during the quarter to support liquidity.
Chapleau Capital Projects — Saw Line Ramp and Capacity Gains
New Chapleau saw line completed performance testing and ramped up production by 60% from January to March; currently operating at ~90% of target capacity. Planer mill and cogeneration refurbishment completed and ramp-up finalized. Company reports improved lumber quality, better recovery and grade, and project delivered under budget.
Quarter-over-Quarter Margin and Expense Improvements
EBITDA loss improved to negative $15.1 million vs negative $21.7 million in Q4 2025 (improvement of $6.6 million, ~30% improvement). Gross margin loss improved to $2.0 million vs a $9.0 million loss in Q4 2025. NRV (net realizable value) expense reduced to $1.8 million from $10.2 million in Q4 2025; freight costs down to $8.0 million from $9.8 million QoQ.
Recovering Lumber Prices and Positive Demand Signals
Western benchmark lumber prices increased from $422 to $487 during the quarter (+15.4%). March housing starts were +12% year-over-year and +11% month-over-month, and repair & remodeling activity was 6% above forecast over the last six months, indicating early demand improvement.

GreenFirst Forest Products (TSE:GFP) 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

TSE:GFP Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 12, 2026
2026 (Q2)
- / -
-0.424
May 06, 2026
2026 (Q1)
- / -0.89
0.041-2278.05% (-0.93)
Mar 26, 2026
2025 (Q4)
- / -1.43
-1.472.72% (+0.04)
Nov 11, 2025
2025 (Q3)
- / -2.54
0.08-3272.50% (-2.62)
Aug 12, 2025
2025 (Q2)
- / -0.42
-0.76744.72% (+0.34)
May 14, 2025
2025 (Q1)
- / 0.04
-0.767105.35% (+0.81)
Mar 14, 2025
2024 (Q4)
- / -1.47
-1.151-27.72% (-0.32)
Nov 12, 2024
2024 (Q3)
- / 0.08
0.096-16.67% (-0.02)
Aug 12, 2024
2024 (Q2)
- / -0.77
-0.479-60.13% (-0.29)
May 14, 2024
2024 (Q1)
- / -0.77
-1.05527.30% (+0.29)
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:GFP Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 06, 2026
C$2.32C$2.15-7.33%
Mar 26, 2026
C$2.14C$2.15+0.47%
Nov 11, 2025
C$2.30C$2.31+0.43%
Aug 12, 2025
C$3.15C$3.11-1.27%
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 GreenFirst Forest Products (TSE:GFP) report earnings?
GreenFirst Forest Products (TSE:GFP) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
    What is GreenFirst Forest Products (TSE:GFP) earnings time?
    GreenFirst Forest Products (TSE:GFP) earnings time is at Aug 12, 2026, After Close (Confirmed).
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          What is TSE:GFP EPS forecast?
          Currently, no data Available