Canfor Corp
CFP: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| KD | LOCK|#ld | LOCK|$%w$j&& |
Canfor Earnings: Sluggish US Housing Market Holds Back Lumber Growth
Canfor's third-quarter adjusted diluted EPS of a CAD 0.48 loss substantially improved from a CAD 1.47 loss in the prior year's quarter. Management reported softer US lumber demand expected for the fourth quarter and continued excess capacity from competitors in the pulp segment.
