Conifex Timber Q2 EPS $(0.23) Beats $(0.28) Estimate, Sales $23.000M Down From $33.900M YoY
Conifex Timber (TSX:CFF) reported quarterly losses of $(0.23) per share which beat the analyst consensus estimate of $(0.28) by 17.86 percent. This is a 15 percent decrease over losses of $(0.20) per share from the same
Conifex Timber lost money this quarter, but lost less than experts expected—kind of like getting a lower grade than you feared. When a struggling company does better than predicted, people watch to see if things are actually getting better or just staying bad.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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