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

Mercer International

29/07/2022 02:50

* Mercer International Inc  MERC.OQ  reported quarterly
adjusted
earnings of $1.07​​ per share for the quarter ended in June. The
mean expectation of five analysts for the quarter was
for earnings of 99 cents per share.
    * Revenue rose 42.4% to $572.33 million from a year ago;
analysts
expected $543.91 million. 
    * Mercer International Inc's reported EPS for the quarter
was
$1.07​.
    * The mean earnings estimate of analysts had fallen by
about 5.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Mercer International Inc shares had risen by 21.4% this
quarter and gained 33.1% so far this year.
    * The company reported quarterly net income of $71.37
million.
    * Wall Street's median 12-month price target for Mercer
International Inc is $19.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 29
at 01:49 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.99           1.07           Beat
 Mar. 31 2022      1.06           1.34           Beat
 Dec. 31 2021      0.87           1.12           Beat
 Sep. 30 2021      0.83           1.04           Beat