Mercer International Inc expected to post a loss of 66 cents a share - Earnings Preview

Mercer International

02/08/2023 03:05

* Mercer International Inc  MERC.OQ   MERC.O  is expected
to show
a fall in quarterly revenue when it reports  results on August
3. 
    * The Vancouver British Columbia-based  company is expected
to
report  a 23.9% decrease in revenue to $435.775 million from
$572.33 million a year ago, according to the mean estimate from
3 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Mercer
International Inc
is for a loss of 66 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 1 "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 $9.5​, above​ its last closing price
of $8.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.11        0.17       -0.46     Missed  -372.6
 Dec. 31 2023  0.48        0.48       0.30      Missed  -37.6
 Sep. 30 2022  0.84        0.87       1.00      Beat    14.6​
 Jun. 30 2022  1.01        0.99       1.07      Beat    8.4
 ​​Mar.        1.01        1.06       1.34      Beat    25.9
 31 2022                                                
 Dec. 31 2021  0.88        0.87       1.12      Beat    28.1​
 Sep. 30 2021  0.83        0.83       1.04      Beat    25.4
 Jun. 30 2021  0.46        0.45       0.32      Missed  -28.5
 This summary was machine generated August 2 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated