Acadian Timber earnings date
Acadian Timber (779) Q3 2026 Earnings Report
DE:779 Q3 2026 EPS Results
- Actual EPS
- EUR 0.15
- Consensus EPS
- EUR 0.06
- Beat/Miss
- Beat by +EUR 0.09
- One Year Ago EPS
- EUR 0.10
DE:779 Q3 2026 Revenue Results
- Actual Revenue
- EUR 15.35M
- Expected Revenue
- EUR 17.19M
- Beat/Miss
- Missed by -EUR 1.84M
- YoY Revenue Growth
- +4.36%
Earnings Announcement Details
- Quarter
- Q3 2026
- Date
- 10/28/2026
- Time
- After Close
- Conference Call
- Wednesday, October 28, 2026
Acadian Timber's next earnings date is estimated for February 10, 2027, based on past reporting schedules.
Q3 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q3 2026 Earnings Slide Deck
Q3 2026 Earnings Call Summary
The call was broadly positive. Highlights included improved adjusted EBITDA and net income, sharply better Maine operating performance, higher pricing, progress in real estate and environmental solutions, and a positive longer-term regional outlook. These developments outweighed challenges involving lower New Brunswick volumes and EBITDA, weak softwood pulpwood demand, higher New Brunswick variable costs, customer curtailments, elevated fuel costs, tariff uncertainty and the $45.3 million debt maturity scheduled for March 2027.
Acadian expects to retain sufficient capacity in New Brunswick through the remainder of 2026 and into the 2027 winter season with steady volumes over the coming quarters, and said it is now feeling that the things are in a normalized situation when it comes to customer inventories, their demand and therefore, our ability to deliver the wood that we cut them in New Brunswick for Q4; in Maine, it expects the business to continue delivering stronger results in 2026 compared to 2025 and stronger results in 2027 compared to what we have achieved so far this year. Softwood pulpwood demand continues being weak in both New Brunswick and Maine, while hardwood pulpwood demand is expected to remain steady in the short term, demand for softwood and hardwood sawtimber is expected to hold steady in both New Brunswick and Maine, and Acadian does not anticipate significant near-term changes to our markets or pricing over the coming months, while maintaining a positive longer-term outlook as end-use markets improve and customers increase their consumption.
- Improved Quarterly ProfitabilityAcadian generated $5 million of adjusted EBITDA and $4.4 million of net income in Q3 2026, compared to $3.5 million of adjusted EBITDA and $2.9 million of net income in Q3 2025. Net income per share increased to $0.23 from $0.16.
- Revenue Increased Despite Lower VolumesQ3 2026 revenue increased to $24 million from $23 million in Q3 2025. Timber sales were relatively flat as a 17% increase in weighted average selling price, driven by stronger end-use markets and higher fuel surcharges, offset a 14% decline in sales volumes, excluding biomass.
- Maine Operations Delivered Significant ImprovementMaine freehold sales volumes, excluding biomass, increased 54% as a result of operational improvements within internal harvesting operations. Cost of sales per cubic meter decreased 39% due to reduced fixed costs and operational efficiencies. Maine adjusted EBITDA improved to $1.3 million from negative $500,000 in Q3 2025, and total sales increased to $4.6 million from $2.5 million.
- Maine Timber Services and Real Estate ContributionsTimber services revenue increased $800,000, reflecting increased activity for neighboring landowners in Maine. The sale of several noncore land parcels generated an $800,000 gain on sale of timberland, compared with no land sales in Q3 2025. The Real Estate segment contributed $0.6 million more to EBITDA than in Q3 2025.
- Higher Product Pricing Supported ResultsThe company-wide weighted average selling price increased 17%, while New Brunswick's weighted average selling price, excluding biomass, increased 19%, driven by stronger softwood lumber markets and higher fuel surcharges. Maine's weighted average selling price, excluding biomass, increased 2% in U.S. dollar terms due to a favorable customer mix and higher fuel surcharges.
- New Brunswick Contractor Capacity Expected to Remain SufficientManagement expects to retain sufficient contractor capacity in New Brunswick through the remainder of 2026 and into the 2027 winter season, with steady volumes over the coming quarters.
- Customer Deliveries Expected to Normalize in Q4Management stated that customer inventories, demand and Acadian's ability to deliver wood cut in New Brunswick are now viewed as being in a normalized situation for Q4.
- Further Maine Operational Improvements PlannedManagement plans to add capacity to existing equipment, develop new markets for certain products and optimize block selection to facilitate efficient harvesting operations. The company expects Maine to deliver stronger results in 2026 than in 2025 and stronger results in 2027 than achieved so far in 2026.
- Positive Longer-Term Forestry Market OutlookManagement maintains a generally positive outlook for the remainder of 2026 and into 2027. Hardwood pulpwood demand is expected to remain steady in the short term, demand for softwood and hardwood sawtimber is expected to hold steady in New Brunswick and Maine, and the company maintains a positive longer-term outlook as end-use markets improve and customers increase consumption.
- Environmental Solutions Business ProgressingThe voluntary carbon credit market remains steady. The next tranche of carbon credits for the Maine project is progressing through the transition to ACR's updated improved forest management protocol, and management continues to expect registration in the near future.
- Real Estate Business AdvancingAcadian sold 19 acres of noncore land in Maine at attractive valuations during Q3 2026, generating a significant gain with no impact to harvesting operations. Several related real estate initiatives are underway, and management expects the business to become a more material and non-depleted pillar of operations over time.
- Regional Forestry Investment and Demand InitiativesManagement highlighted the planned conversion of the Belledune Generating Station from coal to biomass, an enhanced focus on wind and solar development in New Brunswick Power's integrated resource plan, approximately $86 million of combined federal-provincial investment in the Strategic Innovation Centre in Digital Forestry, and announcements involving expansions or modernization of roundwood-consuming facilities.
- Real Estate Activities Expected to ContinueReal estate activities similar to those completed in Q3 are expected to continue into Q4 and for a long time afterward, with the goal of making the business a steady yet non-depleted contributor to the overall company.
- Growth Priority in New Brunswick and the NortheastManagement said New Brunswick, the broader Northeast and particularly the Canadian side of the Northeast will be a high priority when evaluating growth opportunities.
DE:779 Earnings History
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Feb 10, 2027 | 2026 (Q4) | 0.10- | 1.39 | ― | ― |
| Oct 28, 2026 | 2026 (Q3) | 0.060.15 | 0.1 | 43.75% (+0.04) | |
| Aug 05, 2026 | 2026 (Q2) | 0.040.04 | 0.1 | -53.33% (-0.05) | |
| May 06, 2026 | 2026 (Q1) | 0.080.12 | 0.13 | -9.52% (-0.01) | |
| Feb 11, 2026 | 2025 (Q4) | ―1.39 | 0.2 | 581.25% (+1.19) | |
| Oct 29, 2025 | 2025 (Q3) | 0.130.10 | 0.08 | 23.08% (+0.02) | |
| Aug 06, 2025 | 2025 (Q2) | 0.160.10 | 0.29 | -67.39% (-0.20) | |
| May 07, 2025 | 2025 (Q1) | 0.100.13 | 0.22 | -40.00% (-0.09) | |
| Feb 12, 2025 | 2024 (Q4) | 0.080.20 | 0.43 | -52.94% (-0.23) | |
| Oct 30, 2024 | 2024 (Q3) | 0.090.08 | 0.24 | -64.86% (-0.15) |
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
