Stella-Jones (OTCMKTS:STLJF) Posts Quarterly Earnings Results, Misses Estimates By $0.09 EPS

Stella-Jones (OTCMKTS:STLJF) issued its quarterly earnings results on Thursday. The company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.09), Zacks reports. The company had revenue of $529.37 million during the quarter, compared to analysts’ expectations of $554.50 million.

Stella-Jones Stock Performance

OTCMKTS STLJF traded up $0.52 on Friday, hitting $68.99. The stock had a trading volume of 7,951 shares, compared to its average volume of 2,429. The firm has a 50-day moving average of $66.34 and a 200-day moving average of $61.07. Stella-Jones has a 52-week low of $44.34 and a 52-week high of $72.46.

Analyst Upgrades and Downgrades

Separately, Scotiabank upgraded shares of Stella-Jones from a “sector perform” rating to an “outperform” rating in a research note on Thursday, January 29th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.

Stella-Jones Company Profile

Stella-Jones Inc is a North American producer and distributor of pressure-treated wood products used in infrastructure, utility and residential applications. The company’s core offerings include treated railroad ties, utility poles, crossarms, landscape timbers and posts designed to withstand environmental stresses and extend service life. These products support a range of end markets from railways and power transmission to fencing and outdoor construction.

Founded in 1970 and headquartered in Montreal, Canada, Stella-Jones has grown through both organic expansion and targeted acquisitions to establish a network of manufacturing and treatment facilities across Canada and the United States.