Western Forest Products (WFSTF) to Post Earnings on Wednesday

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

Western Forest Products Stock Performance

Western Forest Products stock opened at $13.54 on Wednesday. Western Forest Products has a 12-month low of $7.34 and a 12-month high of $13.85. The firm has a 50-day moving average price of $12.43 and a 200-day moving average price of $11.18.

Analyst Ratings Changes

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