Canfor Q3 Net Loss Narrows
MT newswire2026/11/04 12:13Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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08:13 AM EST, 11/04/2026 (MT Newswires) -- Canfor (CFP.TO) reported third quarter net loss per share of CA$0.75 on Wednesday, compared with CA$1.48, a year earlier. Analysts polled by FactSet expected loss per share of CA$0.18. Sales increased to CA$1.28 billion in the three months ended Sept. 30, 2026, compared with CA$1.26 billion, a year-ago. Analysts expected CA$1.42 billion. "Looking ahead, we anticipate market conditions will remain challenging through the balance of the year, with softer seasonal demand for lumber and continued pressure in global pulp markets," said Canfor Chief Executive Officer Susan Yurkovich. Shares of the company closed up 1.97% to CA$14.98 on Tuesday on the Toronto Stock Exchange.
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