West Fraser Timber Co. Ltd. (WFG) Misses Q4 EPS by 157c; offers operational guidance

West Fraser Timber Co. Ltd. (NYSE: WFG) reported Q4 EPS of ($1.87), $1.57 worse than the analyst estimate of ($0.30). Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.47 billion.

The Company is providing the following operational guidance for 2024:

Spruce-pine-fir ("SPF") shipments are expected to be 2.6 to 2.8 billion board feet
Southern yellow pine ("SYP") shipments are expected to be 2.7 to 2.9 billion board feet
NA OSB shipments are expected to be 6.3 to 6.6 billion square feet (3/8-inch basis)
European OSB shipments are expected to be 0.9 to 1.1 billion square feet (3/8-inch basis)
Costs and availability constraints for transportation, raw materials such as resins and chemicals, and energy are expected to moderate over the near term, while labour availability and some capital equipment lead times are expected to remain challenging
Capital expenditures1 are expected to be $450 million to $550 million

For earnings history and earnings-related data on West Fraser Timber Co. Ltd. (WFG) click here.

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