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Canfor Pulp Products (TSE:CFX)
TSX:CFX
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.07Last Year’s EPS
-0.04Same Quarter Last Year
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 06, 2025
|% Change Since: -7.14%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a company that has made significant strategic adjustments to improve its cost structure and diversify its operations, resulting in stronger financial performance. However, ongoing challenges with trade disputes, tariffs, and fibre supply constraints continue to pose significant risks to the business.Company Guidance
In the fourth quarter of fiscal year 2024, Canfor and Canfor Pulp provided several key metrics and strategic insights during their analyst call. The companies reported a marked improvement in their financial health, with Canfor's lumber business generating an adjusted EBITDA of $22 million, signifying a $64 million increase from the previous quarter. This was attributed to rising lumber prices in North America and steady earnings in Europe. Canfor Pulp saw adjusted EBITDA of $12 million, though down by $7 million from the previous quarter due to a 22% reduction in shipments. The company's strategic focus on optimizing their cost structure and enhancing geographic diversification was emphasized, with 70% of their lumber business now located outside Canada. Canfor anticipates a modest capital expenditure of $250 million for the lumber business in 2025 and a $50 million spend for Canfor Pulp, with plans to opportunistically repurchase shares. Despite facing ongoing challenges like elevated duties and potential tariffs, the company remains confident about its robust balance sheet and improved market positioning, with only 20% of sales exposed to duties or tariffs.Successful Strategic Priorities Execution
In 2024, Canfor successfully executed several strategic priorities, including the closure of high-cost assets in British Columbia and the US South, and the completion of a second greenfield sawmill in Alabama and a major brownfield investment in Arkansas. This has resulted in an improved operating cost base and enhanced geographic diversification.
Improved Financial Performance
Canfor's lumber business generated an adjusted EBITDA of $22 million in Q4, an increase of $64 million from the previous quarter, due to increased lumber prices and modest cost structure improvements.
Strong Pulp Business Performance
Canfor Pulp generated solid financial results in Q4, supported by stable global pulp markets and strong performance in the paper business, despite ongoing fibre supply uncertainty.
Anticipated Cost Structure Improvements
Looking ahead to 2025, Canfor anticipates further improvements to its cost structure following the closure of high-cost assets and the ramp-up of low-cost capacity in the US South.
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TSE:CFX 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:CFX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 06, 2025 | C$0.70 | C$0.73 | +4.29% |
| Oct 25, 2024 | C$0.96 | C$1.00 | +4.17% |
| May 01, 2024 | C$1.52 | C$1.55 | +1.97% |
| Mar 05, 2024 | C$1.62 | C$1.60 | -1.23% |
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 Pulp Products (TSE:CFX) report earnings?
Canfor Pulp Products (TSE:CFX) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Canfor Pulp Products (TSE:CFX) earnings time?
Canfor Pulp Products (TSE:CFX) earnings time is at Apr 30, 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:CFX EPS forecast?
TSE:CFX EPS forecast for the fiscal quarter 2025 (Q1) is 0.07.
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