Scotiabank Has Bearish Forecast for TSE:WEF FY2026 Earnings

Western Forest Products Inc. (TSE:WEFFree Report) – Equities researchers at Scotiabank lowered their FY2026 earnings estimates for shares of Western Forest Products in a report issued on Wednesday, January 8th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of $0.05 per share for the year, down from their previous forecast of $0.06. The consensus estimate for Western Forest Products’ current full-year earnings is $0.00 per share.

Western Forest Products (TSE:WEFGet Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported C($0.06) EPS for the quarter, missing analysts’ consensus estimates of C($0.03) by C($0.03). The firm had revenue of C$241.70 million for the quarter, compared to the consensus estimate of C$242.00 million. Western Forest Products had a negative net margin of 4.13% and a negative return on equity of 7.64%.

Separately, TD Securities dropped their price objective on shares of Western Forest Products from C$0.55 to C$0.50 and set a “hold” rating for the company in a research note on Friday, November 8th.

Check Out Our Latest Analysis on WEF

Western Forest Products Stock Performance

WEF stock opened at C$0.43 on Friday. The firm has a fifty day moving average price of C$0.44 and a 200 day moving average price of C$0.46. Western Forest Products has a fifty-two week low of C$0.39 and a fifty-two week high of C$0.72. The firm has a market cap of C$134.62 million, a PE ratio of -3.04, a price-to-earnings-growth ratio of 0.32 and a beta of 1.81. The company has a debt-to-equity ratio of 18.43, a quick ratio of 0.73 and a current ratio of 2.97.

Western Forest Products Company Profile

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Western Forest Products Inc is a Canada-based softwood forest products company. The company’s principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprised of Timber harvesting, Log sales, and Lumber manufacturing and sales.

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