Stella-Jones (OTCMKTS:STLJF) Issues Earnings Results, Misses Expectations By $0.09 EPS

Stella-Jones (OTCMKTS:STLJF) announced its quarterly earnings results on Thursday. The company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.09), Zacks reports. The business had revenue of $529.37 million during the quarter, compared to analyst estimates of $554.50 million.

Stella-Jones Trading Up 0.8%

STLJF traded up $0.52 during midday trading on Friday, hitting $68.99. The company had a trading volume of 8,208 shares, compared to its average volume of 2,440. The stock’s 50 day moving average price is $66.34 and its 200 day moving average price is $61.07. Stella-Jones has a 52 week low of $44.34 and a 52 week high of $72.46.

Analyst Upgrades and Downgrades

Separately, Scotiabank raised Stella-Jones from a “sector perform” rating to an “outperform” rating in a research note on Thursday, January 29th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Stella-Jones has a consensus rating of “Buy”.

Stella-Jones Company Profile

Stella-Jones Inc is a North American producer and distributor of pressure-treated wood products used in infrastructure, utility and residential applications. The company’s core offerings include treated railroad ties, utility poles, crossarms, landscape timbers and posts designed to withstand environmental stresses and extend service life. These products support a range of end markets from railways and power transmission to fencing and outdoor construction.

Founded in 1970 and headquartered in Montreal, Canada, Stella-Jones has grown through both organic expansion and targeted acquisitions to establish a network of manufacturing and treatment facilities across Canada and the United States.