05:25 PM EDT, 10/22/2025 (MT Newswires) -- West Fraser Timber ( WFG ) was at last look down near 6% in after-hours New York trading Wednesday as it reported a wider than expected loss for the third quarter, on lower than forecast revenues, saying "there's no escaping that supply and demand imbalances persist" while increased duty rates and new tariffs are also weighing.

West Fraser reported a loss of US$204 million, or US$2.63 per share, compared to a loss of US$24 million, or US$0.38, in the second quarter, and well under the FactSet consensus estimate for a loss of US$1.52 versus a loss of US$1.03 a year earlier.

Third-quarter sales were US$1.307 billion, compared to US$1.532 billion in the second quarter. According to the consensus estimate compiled by FactSet, the forecast was for US$1,354.8 million compared to US$1,437 million in the prior corresponding period.

"There's no escaping that supply and demand imbalances persist for many of our wood-based building products in an environment where elevated mortgage rates continue to impact housing affordability. And this challenging backdrop has now been joined by increased duty rates and new Section 232 tariffs on Canadian softwood lumber," said chief executive Sean McLaren.

"Despite these conditions and the resulting uncertainty faced by our industry, we remain steadfast in our strategy, taking appropriate action that will ensure our operations remain flexible and sized to meet the needs of our customers while also controlling costs. We continue to evaluate strategic investments that will make our company stronger through the cycle and generate long-term shareholder value, even as we maintain robust liquidity and a balanced capital allocation strategy."

The company's shares were last seen down US$3.94 to US$62.99 after hours. They edged down $0.03 to $93.76 on the Toronto Stock Exchange.