Canfor Corp
CFP: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $m | LOCK|CB@ | LOCK|m@QKpgl |
Canfor Earnings: Iran War Adds More Burden to Already Challenged Market
Canfor's first-quarter adjusted loss per share of CAD 0.59 improved from the fourth-quarter's CAD 1.22 loss but nearly doubled from the year-ago loss of CAD 0.32. Lumber demand remains soft, and higher oil prices caused by the Iran war will not help housing construction demand.
