As Goodfellow Inc. prepares to release its third-quarter earnings, investors are eager to understand what this means for the company in a tough market.
Goodfellow Inc. (GDL.TO) will announce its third-quarter earnings on October 14, 2026, after the market closes. This report will cover the period ending August 31, 2026, and comes during a time of mixed conditions in the lumber and building materials sector. While sales have slightly increased, net earnings have dropped significantly compared to last year, raising concerns about the company's ability to adapt and its future outlook.
Recent earnings trend
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Goodfellow Inc.
GDL.TO
GDL.TO
Goodfellow Inc.
WealthAwesomeMarket cap
$91.35M
P/E
21.2x
Div. yield
1.37%
Div. / share
$0.15
52W high
$12.82
52W low
$10.81
1W change
+0.82%
Beta
0.48
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on GDL's historical volatility
30-Day Vol
16.4%
Annualized
90-Day Vol
15.9%
Annualized
Trend (90d)
-17.9%
Annualized drift
90d Mean
C$10.32
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$10.77 | C$10.18 – C$11.39 |
| 60 trading days | C$10.54 | C$9.73 – C$11.42 |
| 90 trading days | C$10.32 | C$9.36 – C$11.38 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: Low — no EPS consensus estimates are available for this name. Focus on reported EPS trends below rather than beat/miss framing.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-05-31 | 2026-07-09 | 0.2469 | — | — |
| 2026-02-28 | 2026-04-09 | -0.3758 | — | — |
| 2025-11-30 | 2026-02-19 | 0.3830 | — | — |
| 2025-08-31 | 2025-10-14 | 0.4468 | — | — |
| 2025-05-31 | 2025-07-09 | 0.2928 | — | — |
| 2025-02-28 | 2025-04-10 | -0.2683 | — | — |
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Investor takeaway: Investors should look for insights into how Goodfellow is managing current market challenges, such as trade policy uncertainty and its effects on residential construction. With limited analyst coverage and no historical EPS estimates to guide them, this earnings report may reveal important information about the company’s strategic direction and operational performance.
Net Earnings Decline Amidst Stable Sales
For Q3 2026, Goodfellow reported net earnings of $2.3 million, down from $3.7 million a year ago, despite an increase in sales to $145.7 million.
Bull case
A rebound in commercial and industrial demand could signal a recovery for Goodfellow, especially if the company effectively utilizes its distribution network. Positive comments about cost management or strategic initiatives could also boost investor confidence.
Bear case
Ongoing uncertainty in trade policies and a slowdown in residential construction could further squeeze Goodfellow's margins and earnings. Investors should be cautious, as the company's profit margin has already fallen to 1.11%, highlighting the challenges it faces in staying profitable.
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