Canfor Corp. (CFP.TO) announced Loss for its second quarter that Increased from last year and missed the Street estimates.
The company's earnings totaled -C$202.80 million, or -C$1.71 per share. This compares with -C$191.10 million, or -C$1.61 per share, last year.
Excluding items, Canfor Corp. reported adjusted earnings of -C$67.00 million or -C$0.56 per share for the period.
Analysts on average had expected the company to earn -C$0.34 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 0.2% to C$1.379 billion from C$1.382 billion last year.
Canfor Corp. earnings at a glance (GAAP) :
-Earnings: -C$202.80 Mln. vs. -C$191.10 Mln. last year.-EPS: -C$1.71 vs. -C$1.61 last year.-Revenue: C$1.379 Bln vs. C$1.382 Bln last year.
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