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Conifex Timber (TSE:CFF)
TSX:CFF
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Earnings Data
Report Date
Mar 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: -13.16%
|Next Earnings Date:Aug 10, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted improvements in EBITDA loss, strengthening lumber prices, and surplus sawlogs availability as positive factors. However, challenges such as reductions in the allowable annual cut, legal issues with BC Hydro, and limited borrowing capacity to expand operations were noted. Overall, the sentiment leans towards optimism with significant progress made but also acknowledges existing hurdles.Company Guidance
During the Q3 2024 earnings call for Conifex Timber Inc., CEO Ken Shields discussed several key metrics and developments. The company reported a negative EBITDA of $3.9 million for the quarter, which was an improvement from the $7.1 million loss in Q2 and the $6.7 million EBITDA loss in Q3 2023. The average lumber selling price realizations for the third quarter were CAD 436 per thousand board feet, with shipments of 29.3 million board feet, and prices improved to CAD 512 per thousand board feet in the early fourth quarter, marking a 17.5% increase. Shields highlighted the company's progress in reducing log costs and improving their position on the North American industry cost curve for SPF lumber, contributing to lower EBITDA losses compared to 2023. Looking ahead, Conifex aims to move to a two-shift operation in 2025, which would enhance their ability to achieve positive EBITDA. The company is also appealing a legal decision concerning power interconnection projects and anticipates a court hearing before the end of the year.Improvement in EBITDA Loss
Negative EBITDA of $3.9 million in Q3 2024, lower than the $7.1 million loss in Q2 and $6.7 million loss in Q3 2023.
Strengthening Lumber Prices
Average lumber selling price realizations increased to CAD 512 per thousand board feet in Q4, a 17.5% improvement over Q3.
Potential Positive EBITDA in Q4
Expectations to record a dramatically reduced EBITDA loss or potentially positive EBITDA in Q4 due to firm lumber prices.
Surplus of Sawlogs in Mackenzie TSA
The Mackenzie Timber Supply Area has a large surplus of sawlogs, ensuring no challenges in securing sawlogs for future operations.
Reduction in Delivered Log Costs
Achieved a modest reduction in delivered log costs due to adjustments by the Ministry of Forests and changes in supply demand dynamics.
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TSE:CFF 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
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TSE:CFF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | C$0.38 | C$0.40 | +5.26% |
| Aug 13, 2024 | C$0.30 | C$0.31 | +3.33% |
| May 09, 2024 | C$0.58 | C$0.60 | +3.45% |
| Mar 27, 2024 | C$0.61 | C$0.62 | +1.64% |
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.
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FAQ
When does Conifex Timber (TSE:CFF) report earnings?
Conifex Timber (TSE:CFF) is schdueled to report earning on Mar 26, 2025, TBA Not Confirmed.
What is Conifex Timber (TSE:CFF) earnings time?
Conifex Timber (TSE:CFF) earnings time is at Mar 26, 2025, TBA Not 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:CFF EPS forecast?
Currently, no data Available
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