Canfor (CFPZF) Expected to Announce Earnings on Thursday

Canfor (OTCMKTS:CFPZF) is projected to post its results before the market opens on Thursday, March 5th. Analysts expect Canfor to post earnings of ($0.7446) per share and revenue of $1.1911 billion for the quarter.

Canfor Price Performance

Shares of Canfor stock opened at $9.86 on Thursday. The firm has a fifty day moving average price of $9.88 and a 200 day moving average price of $9.27. Canfor has a 1 year low of $7.83 and a 1 year high of $11.83.

Analyst Ratings Changes

Separately, Raymond James Financial upgraded Canfor to a “strong-buy” rating in a research note on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Strong Buy”.

Canfor Company Profile

Canfor Corporation is a Canada-based integrated forest products company headquartered in Vancouver, British Columbia. The company’s primary business activities include the manufacturing and distribution of softwood lumber, oriented strand board (OSB), and other wood products used in residential and commercial construction. In addition to its core lumber operations, Canfor produces northern bleached softwood kraft (NBSK) pulp, specialty papers and biofuels through its pulp and paper facilities, providing a vertically integrated offering for customers across multiple end markets.

Canfor operates an extensive network of manufacturing facilities, including lumber mills in British Columbia and Alberta, as well as in the U.S.