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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Area51 who wrote (67094)4/9/2021 2:20:29 PM
From: scbeachbum  Read Replies (1) | Respond to of 78748
 
If you look at the Yahoo earnings estimates you'll see the average earnings is $1.66. Its been consistently revised up. Also lumber was much higher end of the quarter, so I wouldn't be surprised to see a further revision. Starting this quarter lumber is at record highs again today. Pulp and paper are also hitting very high pricing. Coupled with debt and share repurchases RFP has been making I would not be surprised if they beat by a wide margin and this quarter shapes up even better. Lumber is typically $300-350, it's over $1100 now. I agree with WFG and other lumber companies too, the market seems not to be noticing them.