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

Mercer International

05/05/2023 14:54

* Mercer International Inc  MERC.OQ  reported a quarterly
adjusted
loss of 46 cents​​ per share for the quarter ended in March. The
mean expectation of five analysts for the quarter was
for earnings of 17 cents per share.
    * Revenue fell 11.8% to $522.67 million from a year ago;
analysts
expected $537.02 million. 
    * The mean earnings estimate of analysts had fallen by
about 78%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Mercer International Inc shares had fallen by 3.2% this
quarter and lost 18.7% so far this year.
    * Wall Street's median 12-month price target for Mercer
International Inc is $11.00 
    * 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 LSEG Refinitiv data May
5 at 01:54 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.17           -0.46          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