Q: Good Morning Peter, Ryan, Chris, and Team,
Could I please get your opinion of Stella Jones's most recent quarter ??
Thank you, DL
Could I please get your opinion of Stella Jones's most recent quarter ??
Thank you, DL
5i Research Answer:
EPS was $1.42, missing estimates of $1.75; revenue of $915M missed estimates of $1.01B. EBITDA of $162M missed estimates by 12%. Lower sales of utility poles was the main reason for the miss. Updated 2025 revenue guidance was also below consensus estimates. Margins were weaker as well. Total sales fell 3.6%. Lumber sales fell 19%. Net income fell 27%. It was a big miss from a usually-reliable company. We would not react here, as the utility issue could be temporary. But certainly not a good quarter.