Mercer International Inc expected to post a loss of 42 cents a share - Earnings Preview

Mercer International

07/08/2024 03:23

* Mercer International Inc  MERC.OQ   MERC.O  is expected
to show
a fall in quarterly revenue when it reports  results on August 8
for the period ending June 30 2024
    * The Vancouver British Columbia-based  company is expected
to
report a 8.9% decrease in revenue to $482.5 million from $529.86
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Mercer International Inc
is
for a loss of 42 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Mercer
International Inc is $10.00​, above​ its last closing price
of $6.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.10       -0.11      -0.25     Missed  -120.6
 Dec. 31 2024  -0.53       -0.54      -0.80     Missed  -48.8
 Sep. 30 2023  -0.70       -0.76      -0.39     Beat    48.9​
 Jan. 1 0001   -0.86       -0.66      -1.48     Missed  -124.2
 ​​Mar.        0.11        0.17       -0.46     Missed  -372.6
 31 2023                                                
 Dec. 31 2022  0.48        0.48       0.30      Missed  -37.6​
 Jan. 1 0001   0.84        0.87       1.00      Beat    14.6
 Jun. 30 2022  1.01        0.99       1.07      Beat    8.4
 This summary was machine generated August 7 at 02:22 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)