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

Mercer International

29/07/2021 23:45

* Mercer International Inc  MERC.OQ  reported quarterly adjusted
earnings of 32 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of 45 cents per share.
* Revenue rose 17.8% to $401.83 million from a year ago; 
analysts expected $424.01 million. 
* Mercer International Inc's reported EPS for the quarter was 32
cents​.
* The mean earnings estimate of analysts had fallen by
about 4.4% in the last three months.​ 
* In the last 30 days three analysts negatively revised earnings
estimates 
* Mercer International Inc shares had fallen by 8.5% this
quarter and gained 13.9% so far this year.
* The company reported quarterly net income of $21.42 million.
* Wall Street's median 12-month price target for Mercer
International Inc is $16.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 29 at 10:45 p.m.  ​All
figures in US dollars unless otherwise stated