Doman Building Materials Group (CWXZF) Expected to Announce Earnings on Wednesday

Doman Building Materials Group (OTCMKTS:CWXZF) is expected to be issuing its resultson Wednesday, August 5th. Analysts expect the company to announce earnings of $0.2194 per share and revenue of $642.40 million for the quarter.

Doman Building Materials Group Stock Performance

Shares of CWXZF remained flat at $8.20 during mid-day trading on Wednesday. 18,483 shares of the company were exchanged, compared to its average volume of 12,066. The company has a 50-day moving average of $7.90 and a two-hundred day moving average of $7.49. Doman Building Materials Group has a 12-month low of $5.35 and a 12-month high of $8.44.

Wall Street Analysts Forecast Growth

Separately, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Doman Building Materials Group in a research report on Tuesday, July 21st. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Doman Building Materials Group has a consensus rating of “Moderate Buy”.

About Doman Building Materials Group

Doman Building Materials Group is a Canadian integrated building products business involved in the manufacturing, marketing and distribution of forest products for the residential and commercial construction sectors. The company offers a range of dimension lumber, engineered wood components, value-added panel products and related building materials to building supply dealers, prefabricators and end-use customers. Through its network of manufacturing facilities and regional distribution centres, Doman Building Materials Group serves markets across Western Canada and portions of the U.S.