In this work, reflection and transmission of electromagnetic wave by a periodic ferrite-dielectric photonic crystal are investigated theoretically and numerically. The ferrite material is described and its main parameters are given in detail. After the construction of the problem, the reflection and transmission coefficients are derived in a closed form by a transfer matrix method. The reflected, transmitted, and loss powers of the crystal are calculated using these coefficients. In the numerical results the mentioned powers are computed and illustrated as a function of frequency, angle of incidence, dielectric thickness, and applied magnetic field intensity when the damping coefficient changes.