Western Forest Products (WFSTF) Expected to Announce Quarterly Earnings on Thursday

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

Western Forest Products Price Performance

Shares of WFSTF stock opened at $10.96 on Tuesday. The company’s 50-day moving average price is $12.02 and its 200-day moving average price is $11.54. Western Forest Products has a twelve month low of $7.34 and a twelve month high of $14.40.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada restated a “sector perform” rating on shares of Western Forest Products in a report on Friday, August 14th. Four investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, Western Forest Products 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.