Mercer International Inc expected to post earnings of 10 cents a share - Earnings Preview

Mercer International

29/10/2024 21:03

* Mercer International Inc  MERC.OQ   MERC.O  is expected
to show
a rise in quarterly revenue when it reports  results on October
31 for the period ending December 31 2024
    * The Vancouver British Columbia-based  company is expected
to
report a 5.1% increase in revenue to $494.5 million from $470.49
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 earnings of 10 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 had fallen by
about 16.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Mercer
International Inc is $7.25​, above​ its last closing price
of $6.73. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.09        0.08                         
 Jun. 30 2024  -0.42       -0.42      -0.49     Missed  -17.6
 Mar. 31 2024  -0.10       -0.11      0.10      Beat    188.2​
 Dec. 31 2023  -0.53       -0.54      -0.80     Missed  -48.8
 ​​Sep.        -0.70       -0.76      -0.39     Beat    48.9
 30 2023                                                
 Jun. 30 2023  -0.86       -0.66      -1.48     Missed  -124.2
                                                        ​
 Mar. 31 2023  0.11        0.17       -0.46     Missed  -372.6
 Dec. 31 2022  0.48        0.48       0.30      Missed  -37.6
 This summary was machine generated October 29 at 21:02 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)