Acadian Timber reported quarterly EPS of C$0.1273, 41.4% above the C$0.09 estimate. It has beaten estimates in three of the past four reported quarters. Sales and adjusted EBITDA also rose from a year earlier, though performance varied across its operating regions.
Acadian Timber Corp. (TSX: ADN) released results after market close on October 28 for the quarter ended September 30, 2026. Calendar data lists EPS of C$0.1273 against an estimate of C$0.09. Supplemental reporting puts sales at C$24.0 million, up from C$23.0 million a year earlier, and adjusted EBITDA at C$5.0 million, compared with C$3.5 million. Maine performed more strongly, while demand in New Brunswick remained uneven.
Recent earnings trend
Acadian Timber Corp
ADN.TO
ADN.TO
Acadian Timber Corp
WealthAwesomeMarket cap
$323.03M
P/E
6.6x
Div. yield
6.72%
Div. / share
$1.16
52W high
$17.89
52W low
$13.08
1W change
+0.41%
Beta
0.48
Analyst Price Targets
Based on analyst covering ADN · as of Sep 17, 2026
Wall Street analysts forecast ADN stock price to rise 6.6% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$18.25
+6.6% Upside
Current Price
C$17.12
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ADN's historical volatility
30-Day Vol
15.7%
Annualized
90-Day Vol
15.8%
Annualized
Trend (90d)
-12.6%
Annualized drift
90d Mean
C$16.37
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$16.87 | C$15.98 – C$17.81 |
| 60 trading days | C$16.62 | C$15.39 – C$17.94 |
| 90 trading days | C$16.37 | C$14.90 – C$17.98 |
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.
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-28 | 0.1273 | 0.0900 | +41.4% |
| 2026-06-30 | 2026-08-05 | 0.0700 | 0.0700 | +0.0% |
| 2026-03-31 | 2026-05-06 | 0.1900 | 0.1300 | +46.2% |
| 2025-12-31 | 2026-02-11 | 0.1400 | 0.0500 | +180.0% |
| 2025-09-30 | 2025-10-29 | 0.1000 | 0.2000 | -50.0% |
| 2025-06-30 | 2025-08-06 | 0.2700 | 0.2500 | +8.0% |
Investor takeaway: The EPS beat stands out, but one quarter doesn’t settle the outlook for a timber business affected by regional demand and customer inventory levels. Investors can weigh higher sales and adjusted EBITDA against the uneven operating picture. See the ADN stock page for company metrics and updates.
EPS came in at C$0.1273
EPS was 41.4% above the C$0.09 estimate. In the previous three quarters, EPS was C$0.07, C$0.19 and C$0.14, compared with estimates of C$0.07, C$0.13 and C$0.05. The recent-earnings trend table shows the quarter-by-quarter comparison.
Bull case
Acadian beat EPS estimates in three of its last four reported quarters. The latest supplemental figures also show year-over-year growth in sales and adjusted EBITDA. Progress on real estate and carbon-credit initiatives could broaden the business over time, though the available information doesn’t quantify their financial contribution.
Bear case
The stronger quarter doesn’t remove the demand uncertainty in New Brunswick. The company’s previous quarterly update cited lower sales volumes amid elevated customer roundwood inventories. The available materials don’t include a full breakdown of quarterly margins or cash flow, so the EPS beat alone doesn’t show the full picture of operating performance.
Analysis
For the quarter ended September 30, Acadian Timber reported calendar EPS of C$0.1273, compared with the C$0.09 estimate, a 41.4% upside surprise. The company has beaten estimates in three of its last four reported quarters. EPS matched the C$0.07 estimate in June and exceeded estimates in March and December. Supplemental reporting on the latest release puts sales at C$24.0 million, up from C$23.0 million a year earlier, and adjusted EBITDA at C$5.0 million, compared with C$3.5 million. These figures add context, but the available materials don’t include a detailed breakdown of margins or cash flow. Management reported stronger performance in Maine, mixed demand in New Brunswick, and progress on real estate and carbon-credit initiatives. In its earlier Q2 update, the company noted lower New Brunswick sales volumes amid elevated customer roundwood inventories. See the Acadian Timber stock page for more company information.
Analysis
The supplied analyst data lists an average target of C$18.25, compared with the last close of C$17.12, or 6.6% upside to the average target. The data describes the consensus view as “Moderately Bullish,” based on the average target relative to the last close. A formal rating isn’t available for this Canadian listing. Price targets are estimates, not guarantees, and the available information doesn’t say how many analysts contributed. See the analyst ratings section for details.
Analysis
Wealth Awesome’s statistical 90-day model gives a mean forecast of C$16.37, below the C$17.12 reference price dated October 29, 2026. The model’s 68% range is C$14.90–C$17.98, and its 95% range is C$13.56–C$19.75. The projected mean declines from C$16.87 at 30 days to C$16.62 at 60 days and C$16.37 at 90 days. The model reports annualized drift of -12.6% and 30-day volatility of 15.7%. This is a statistical model, not financial advice or a guaranteed prediction. See the price prediction section for details.
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