Education
About Us
Working with TipRanks
Follow Us
GreenFirst Forest Products (TSE:GFP)
TSX:GFP
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.77Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 2.88%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
GreenFirst showed a notable financial recovery with positive EBITDA and net income, driven largely by increased lumber prices and operational improvements. However, the company faced significant challenges with production and shipment due to tariff uncertainties and weather disruptions, alongside concerns about potential duty increases. While there are positive elements, such as strong performance in the repair and remodeling market, the overall sentiment is balanced by the significant challenges noted.Company Guidance
In the first quarter of 2025, GreenFirst Forest Products reported a positive EBITDA of $5.1 million and a net income of $920,000, marking a significant improvement from the previous quarter's negative EBITDA of $913,000 and a net loss of $26.6 million. This turnaround was largely attributed to higher lumber prices, although shipment and production were slightly below expectations due to tariff uncertainties and weather disruptions in Northern Ontario. The company faced a potential 25% tariff on Canadian lumber, impacting buyer sentiment and sales volume, but ultimately, the tariff was not implemented. Despite these challenges, GreenFirst achieved a production level of 101 million FBM, slightly lower than the 103 million FBM in Q4 2024, and ended the quarter with higher inventory levels due to economic uncertainties. The company maintained SG&A expenses at $29 per thousand, well below the target of $40 per thousand, and implemented a $20 million capital investment focused on strategic projects. GreenFirst also managed to improve the average realized lumber selling price from $680 in Q4 2024 to $729 in Q1 2025, despite a 3% decrease in revenue and a 4% reduction in sales volume.Positive Financial Turnaround
GreenFirst reported a positive EBITDA of $5.1 million and a net income of $920,000 for Q1 2025, a significant improvement from Q4 2024, where they had a negative EBITDA of $913,000 and a net loss of $26.6 million.
Lumber Price Increase
The average realized lumber selling price increased from $680 in Q4 2024 to $729 in Q1 2025, contributing to stronger market pricing conditions during the quarter.
Operational Improvements
GreenFirst implemented operational changes that improved the overall grade of wood produced, driving the mill net approximately $30 per thousand higher overall.
Continued Strong Performance in Repair and Remodeling Market
The repair and remodeling market segment remained strong, driven by factors such as increased home equity and aging housing stock.
SG&A Reduction
Selling, General, and Administrative expenses were reduced to $2.6 million in Q1 2025 from $2.8 million in Q4 2024.
TSE:GFP 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
TSE:GFP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | C$4.00 | C$4.12 | +3.13% |
Mar 14, 2025 | C$4.45 | C$4.42 | -0.56% |
Nov 12, 2024 | C$5.66 | C$5.58 | -1.41% |
Aug 12, 2024 | C$3.46 | C$3.51 | +1.42% |
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 06, 2025, TBA Not Confirmed.
What is GreenFirst Forest Products (TSE:GFP) earnings time?
GreenFirst Forest Products (TSE:GFP) earnings time is at Aug 06, 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:GFP EPS forecast?
Currently, no data Available