- Canada
- /
- Paper and Forestry Products
- /
- TSX:GFP
GreenFirst Forest Products Third Quarter 2024 Earnings: EPS: CA$0.08 (vs CA$1.50 in 3Q 2023)
GreenFirst Forest Products (TSE:GFP) Third Quarter 2024 Results
Key Financial Results
- Revenue: CA$70.8m (down 26% from 3Q 2023).
- Net income: CA$14.8m (up 458% from 3Q 2023).
- Profit margin: 21% (up from 2.8% in 3Q 2023). The increase in margin was driven by lower expenses.
- EPS: CA$0.08.
All figures shown in the chart above are for the trailing 12 month (TTM) period
GreenFirst Forest Products shares are up 1.4% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 4 warning signs for GreenFirst Forest Products (2 are concerning!) that you need to be mindful of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TSX:GFP
GreenFirst Forest Products
Engages in the manufacture and sale of forest products in Canada, and the United States.
Slight with mediocre balance sheet.
