(RTTNews) - Canfor Corp. (CFP.TO) reported Loss for its fourth quarter that increased from last year and missed the Street estimates.
The company's earnings came in at -C$390.50 million, or -C$3.35 per share. This compares with -C$63.30 million, or -C$0.53 per share, last year.
Analysts on average had expected the company to earn -C$1.02 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 0.3% to C$1.282 billion from C$1.286 billion last year.
Canfor Corp. earnings at a glance (GAAP) :
-Earnings: -C$390.50 Mln. vs. -C$63.30 Mln. last year. -EPS: -C$3.35 vs. -C$0.53 last year. -Revenue: C$1.282 Bln vs. C$1.286 Bln last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.