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BRIEF-Canfor posts Q3 adjusted earnings C$0.05/shr

Published 2015-10-28, 09:20 p/m
© Reuters.  BRIEF-Canfor posts Q3 adjusted earnings C$0.05/shr
CFP
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Oct 28 (Reuters) - Canfor Corp CFP.TO :
* Reports results for third quarter of 2015
* Q3 adjusted earnings per share C$0.05
* Q3 earnings per share view C$0.05 -- Thomson Reuters I/B/E/S
* North American lumber prices are forecast to improve slightly in the fourth
quarter of 2015
* Q3 loss per share C$0.13
* Says Q3 lumber shipments at over 1.3 billion board feet were down 2% from the
previous quarter
* Global softwood pulp markets weakened slightly through the third quarter of
2015, reflecting a seasonal slowdown in shipments"
* Says North American lumber prices are forecast to improve slightly in the
fourth quarter of 2015
* In September 2015, key benchmark lumber prices fell to levels not seen since
early 2012 due to weak demand in China, oversupply in North America

* Source text for Eikon urn:newsml:reuters.com:*:nCNWyJCjQa
* Further company coverage CFP.TO

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