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

Mercer International

29/04/2022 05:27

* Mercer International Inc  MERC.OQ  reported quarterly
adjusted
earnings of $1.34​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of $1.06 per share.
    * Revenue rose 43.6% to $592.74 million from a year ago; 
analysts
expected $539.07 million. 
    * Mercer International Inc's reported EPS for the quarter
was
$1.34​.
    * The mean earnings estimate of analysts had risen by
about 101.2%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Mercer International Inc shares had risen by 13.2% this
quarter and gained 31.7% so far this year.
    * The company reported quarterly net income of $88.9
million.
    * Wall Street's median 12-month price target for Mercer
International Inc is $17.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 29 at 04:27 a.m.  ​All
figures in US dollars unless otherwise stated