The earnings call highlighted effective debt reduction and improvements in inventory turnover and liquidity. However, these positives were overshadowed by significant challenges such as negative EBITDA, increased softwood lumber duties, new U.S. tariffs, and operational disruptions due to strikes and permitting issues. The overall sentiment expressed is cautious, with a focus on maintaining a strong balance sheet amidst challenging market conditions.

Company Guidance

During the Western Forest Products Third Quarter 2025 Results Conference Call, the company provided guidance on several key metrics and strategic initiatives. They reduced their debt by $15.7 million compared to the second quarter, achieving an improved net debt to capitalization ratio of 2%. The mills achieved an above-target uptime level of 87%, and they saw an 11% improvement in lumber inventory turnover year-over-year. Despite challenges such as increased softwood lumber duties, which rose to a combined effective rate of 35.16% and a new 10% Section 232 tariff imposed by the U.S., the company managed to save approximately $3.3 million in duties by strategically staging inventory. The fiscal strategy included cutting planned capital expenditure for 2025 to between $30 million and $35 million. The company also highlighted its efforts to diversify its global customer base, with U.S. lumber shipments accounting for 21% of total shipments in the first nine months, down from 25% in the prior year period. Looking ahead, the company anticipates challenging market conditions due to high duties and weak North American lumber demand but plans to reduce lumber production by approximately 35 million board feet in Q4 to align with market demand and available log supply.

Debt Reduction

The company reduced its debt by $15.7 million compared to the second quarter, ending with a net debt to capitalization ratio of 2%.

Improved Log Inventory Turnover

Log inventory turnover improved by 11% since 2023, indicating better inventory management.

Duty Savings

Proactive staging of lumber inventory into the U.S. ahead of duty increases led to approximately $3.3 million in duty savings.

On-time Shipping Performance

Achieved ahead of target on-time shipping performance of 92% in the quarter.

Improved Available Liquidity

Available liquidity improved to $234 million, supported by working capital reductions and a new $30 million letter of credit facility.

Western Forest Prod (TSE:WEF) 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

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TSE:WEF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 17, 2026	2025 (Q4)	-1.97 / -	0	―	―	―
Nov 05, 2025	2025 (Q3)	-1.63 / -5.71	-1.8	-217.22% (-3.91)	―	―
Aug 07, 2025	2025 (Q2)	-0.76 / -1.62	-0.3	-440.00% (-1.32)	―	―
May 06, 2025	2025 (Q1)	-0.70 / 1.20	-0.6	300.00% (+1.80)	―	―
Feb 13, 2025	2024 (Q4)	-0.45 / 0.00	-1.2	―	―	―
Nov 06, 2024	2024 (Q3)	-1.65 / -1.80	-1.5	-20.00% (-0.30)	―	―
Jul 31, 2024	2024 (Q2)	-0.88 / -0.30	-2.1	85.71% (+1.80)	―	―
May 07, 2024	2024 (Q1)	-1.26 / -0.60	-1.5	60.00% (+0.90)	―	―
Feb 13, 2024	2023 (Q4)	-1.61 / -1.20	-2.1	42.86% (+0.90)	―	―
Nov 07, 2023	2023 (Q3)	-2.14 / -1.50	0.6	-350.00% (-2.10)	―	―

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:WEF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 05, 2025	C$11.56	C$11.66	+0.87%
Aug 07, 2025	C$12.68	C$12.38	-2.37%
May 06, 2025	C$12.60	C$12.75	+1.19%
Feb 13, 2025	C$12.75	C$14.10	+10.59%

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 Western Forest Prod (TSE:WEF) report earnings?

Western Forest Prod (TSE:WEF) is schdueled to report earning on Feb 17, 2026, TBA (Confirmed).

What is Western Forest Prod (TSE:WEF) earnings time?

Western Forest Prod (TSE:WEF) earnings time is at Feb 17, 2026, TBA (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:WEF EPS forecast?

TSE:WEF EPS forecast for the fiscal quarter 2025 (Q4) is -1.97.

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