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Canfor Corporation (TSE:CFP)
TSX:CFP
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.33Last Year’s EPS
-0.44Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 06, 2025
|% Change Since: -12.19%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted successful strategic transformations, increased lumber prices, and strong financial performance in the pulp business, contributing to a positive outlook. However, challenges remain with fibre supply, trade disputes, and market volatility. The overall sentiment of the call is balanced with both positive achievements and significant challenges.Company Guidance
During the fourth quarter analyst call, Canfor and Canfor Pulp provided guidance on several key metrics for 2025. The company highlighted that 70% of its lumber business is now located outside Canada due to strategic decisions to close high-cost assets in British Columbia and the US South. Canfor anticipates a more modest capital expenditure (CapEx) plan of approximately $250 million for the lumber business and $50 million for Canfor Pulp in 2025. The company also expects to continue share repurchases under its normal course issuer bid. Adjusted EBITDA for the lumber business was $22 million in Q4, up by $64 million from the previous quarter, while Canfor Pulp reported an adjusted EBITDA of $12 million, down by $7 million from Q3. The company has prepared for elevated duties, with only 20% of sales exposed to tariffs, and expects to book a small recovery from the antidumping duty rate announced in the sixth administrative review. Despite market uncertainties, Canfor remains optimistic about mid- to long-term lumber demand and maintains a strong balance sheet for potential strategic growth opportunities.Successful Execution of Strategic Priorities
Canfor successfully executed several strategic priorities, transforming the business structure by closing high-cost assets and investing in low-cost capacity, resulting in an improved operating cost base and enhanced geographic diversification.
Increased Lumber Prices and Improved Profitability
Lumber prices have steadily increased over the last several months, supporting improved profitability, particularly in Western Canada.
Strong Financial Performance in Pulp Business
Canfor Pulp generated solid financial results in Q4, supported by stable global pulp markets and strong performance in the paper business.
Improved Cost Structure and Geographic Diversification
The company has made changes to its operating platform and sales strategy to mitigate trade disputes impacts, with only 20% of sales exposed to duties or tariffs.
Strong Balance Sheet and Capital Allocation Strategy
Canfor enters 2025 with a strong balance sheet, allowing for continued evaluation of strategic growth opportunities and plans for opportunistic share repurchases.
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TSE:CFP 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:CFP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 06, 2025 | C$14.60 | C$14.97 | +2.53% |
| Oct 25, 2024 | C$17.90 | C$17.27 | -3.52% |
| Jul 25, 2024 | C$15.16 | C$15.52 | +2.37% |
| May 01, 2024 | C$14.51 | C$15.12 | +4.20% |
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 Canfor Corporation (TSE:CFP) report earnings?
Canfor Corporation (TSE:CFP) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Canfor Corporation (TSE:CFP) earnings time?
Canfor Corporation (TSE:CFP) earnings time is at May 08, 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:CFP EPS forecast?
TSE:CFP EPS forecast for the fiscal quarter 2025 (Q1) is -0.33.
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