Interfor (IFSPF) Expected to Release Quarterly Earnings on Thursday

Interfor (OTCMKTS:IFSPF – Get Free Report) will likely be posting its results after the market closes on Thursday, November 5th. Analysts expect Interfor to post earnings of $0.0748 per share and revenue of $550.58 million for the quarter.

Interfor Stock Performance

OTCMKTS IFSPF remained flat at $9.88 during trading hours on Tuesday. 6,592 shares of the company were exchanged, compared to its average volume of 26,875. The business’s fifty day moving average price is $9.97 and its 200-day moving average price is $8.46. Interfor has a 12-month low of $5.05 and a 12-month high of $11.20.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on IFSPF shares. BMO Capital Markets reaffirmed an “outperform” rating on shares of Interfor in a report on Thursday, August 13th. Scotiabank reissued an “outperform” rating on shares of Interfor in a research note on Monday, August 10th. Raymond James Financial upgraded Interfor from an “outperform” rating to a “strong-buy” rating in a research report on Tuesday, September 15th. Finally, Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Interfor in a research report on Monday, October 26th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

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About Interfor

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Interfor Corporation is a forest products company that manufactures and sells lumber and related wood products. Its primary products include dimensional lumber used in residential and commercial construction, as well as specialty wood products for industrial, retail and other end-use markets.

The company operates sawmills and related facilities in Canada and the United States, serving customers across North America and international markets. Its operations include the procurement and processing of timber, the production of lumber from logs, and the sale of residual products such as wood chips, shavings and sawdust.

Founded in 1963, Interfor has expanded its North American presence through organic development and acquisitions.

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