Western Forest Products (WFSTF) Set to Post Earnings on Thursday

Western Forest Products (OTCMKTS:WFSTF) is expected to post its resultson Thursday, November 5th. Analysts expect the company to post earnings of ($0.9294) per share and revenue of $159.77 million for the quarter.

Western Forest Products Stock Performance

WFSTF opened at $10.80 on Wednesday. Western Forest Products has a fifty-two week low of $7.34 and a fifty-two week high of $14.40. The company’s 50-day moving average is $11.96 and its 200 day moving average is $11.55.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Western Forest Products in a research note on Friday, August 14th. Four research analysts have rated the stock with a Hold rating. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Western Forest Products Company Profile

Western Forest Products Inc is a Canadian forest products company focused on the harvesting, processing and marketing of timber from the coastal forests of British Columbia. Its operations have historically been concentrated on Vancouver Island and along British Columbia’s mainland coast, with products sold to customers in North America and international markets.

The company produces a range of softwood lumber, including appearance-grade and commodity products, as well as specialty lumber and timbers used in residential, commercial and industrial construction.