Mercer International Inc reports results for the quarter ended in December - Earnings Summary

Mercer International

16/02/2023 22:49

* Mercer International Inc  MERC.OQ  reported quarterly
adjusted
earnings of 30 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for earnings of 48 cents per share.
    * Revenue rose 12.4% to $583.06 million from a year ago;
analysts
expected $520.68 million. 
    * Mercer International Inc's reported EPS for the quarter
was 30
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.7%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Mercer International Inc shares had fallen by 0.3% this
quarter.
    * The company reported quarterly net income of $20.02
million.
    * Wall Street's median 12-month price target for Mercer
International Inc is $13.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
16 at 10:48 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.48           0.30           Missed
 Sep. 30 2022      0.87           1.00           Beat
 Jun. 30 2022      0.99           1.07           Beat
 Mar. 31 2022      1.06           1.34           Beat