West Fraser Timber Swings to Q2 Loss as Revenue Falls

MT Newswires Live
Jul 24

West Fraser Timber (WFG) reported a Q2 loss late Wednesday of $0.38 per diluted share, compared with earnings of $1.20 a year earlier.

Analysts polled by FactSet expected earnings of $0.25.

Revenue in the three months ended June 27 fell to $1.53 billion from $1.71 billion a year earlier.

Four analysts surveyed by FactSet expected $1.54 billion.

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