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BRIEF-Western Forest Products posts quarterly earnings of C$0.04 per share

Published 2018-11-07, 08:57 p/m
Updated 2018-11-07, 09:00 p/m
© Reuters.  BRIEF-Western Forest Products posts quarterly earnings of C$0.04 per share

© Reuters. BRIEF-Western Forest Products posts quarterly earnings of C$0.04 per share

Nov 7 (Reuters) - Western Forest Products Inc WEF.TO :

* WESTERN ANNOUNCES THIRD QUARTER 2018 RESULTS

* Q3 REVENUE C$292.5 MILLION VERSUS C$285.2 MILLION

* Q3 EARNINGS PER SHARE C$0.04

* Q3 EARNINGS PER SHARE VIEW C$0.05 -- THOMSON REUTERS I/B/E/S

* ENTERED INTO A NEW $250 MILLION CREDIT FACILITY THAT INCLUDES AN ADDITIONAL $100 MILLION ACCORDION FEATURE

* EXPECT TO SEE LOWER LOG PRICES AS WE MOVE THROUGH Q4

* EXPECT IMPROVED PULP LOG PRICING DUE TO LIMITED LOG SUPPLY IN Q4

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