February 8, 2017 / 10:27 PM / in 8 months

BRIEF-Canfor reports results for Q4 of 2016

Feb 8 (Reuters) - Canfor Corp

* Canfor Corp - “Looking ahead, us housing market is forecast to continue its gradual recovery through 2017”

* Canfor reports results for fourth quarter of 2016

* Q4 adjusted earnings per share C$0.29

* Q4 earnings per share view C$0.35 -- Thomson Reuters I/B/E/S

* Canfor Corp - North American lumber consumption is projected to improve, reflecting steady demand in residential construction market

* Canfor Corp - There remains a risk of “material antidumping and countervailing duties” being imposed on canadian lumber shipments destined to us

* Canfor Corp - Qtrly sales c$1,043.5 million versus c$1,053 million last year

* Canfor Corp - Global softwood markets are currently seeing positive pricing momentum and this is anticipated to continue into Q2 of 2017 Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below