Western Forest Products (WFSTF) Expected to Announce Earnings on Wednesday

Western Forest Products (OTCMKTS:WFSTF) is projected to issue its resultson Wednesday, August 12th. Analysts expect Western Forest Products to post earnings of ($0.7369) per share and revenue of $175.2960 million for the quarter.

Western Forest Products Price Performance

OTCMKTS:WFSTF opened at $13.54 on Wednesday. Western Forest Products has a 1-year low of $7.34 and a 1-year high of $13.85. The company has a 50-day moving average of $12.43 and a 200 day moving average of $11.18.

Wall Street Analysts Forecast Growth

Separately, Raymond James Financial reiterated a “market perform” rating on shares of Western Forest Products in a research note on Thursday, April 23rd. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Western Forest Products Company Profile

Western Forest Products is a Canadian integrated forest products company headquartered in Vancouver, British Columbia. The company specializes in the harvesting, manufacturing and distribution of lumber and other wood products, operating a network of sawmills, remanufacturing facilities and log sort yards on both the British Columbia coast and Vancouver Island. Western Forest manages a diversified fibre portfolio that supports core lumber production as well as specialty lines.

The company’s product suite includes dimensional lumber, engineered wood products such as laminated veneer lumber (LVL), and value-added remanufactured items including mouldings and custom profiles.