Canfor (CFPZF) Projected to Post Quarterly Earnings on Wednesday

Canfor (OTCMKTS:CFPZF) is anticipated to announce its resultson Wednesday, July 29th. Analysts expect Canfor to announce earnings of ($0.2563) per share and revenue of $995.1930 million for the quarter.

Canfor Stock Performance

Shares of OTCMKTS CFPZF opened at $9.58 on Wednesday. The firm has a 50 day moving average price of $9.64 and a two-hundred day moving average price of $9.78. Canfor has a 52-week low of $7.83 and a 52-week high of $11.83.

Analyst Upgrades and Downgrades

CFPZF has been the topic of a number of analyst reports. Raymond James Financial lowered Canfor from a “strong-buy” rating to an “outperform” rating in a research report on Thursday, April 23rd. Royal Bank Of Canada lowered Canfor to a “sector perform” rating in a research note on Thursday, April 16th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Canfor has an average rating of “Moderate 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.