West Fraser Timber (WFG) reported a Q1 loss late Wednesday of $2.40 per diluted share, swinging from earnings of $0.46 per diluted share a year earlier.

Analysts polled by FactSet expected a loss of $1.33.

Sales for the quarter ended April 3 were $1.33 billion, down from $1.46 billion a year earlier.

Four analysts surveyed by FactSet expected $1.32 billion.