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

Mercer International

27/10/2022 23:27

* Mercer International Inc  MERC.OQ  reported quarterly
adjusted
earnings of $1.00​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of 87 cents per share.
    * Revenue rose 13.4% to $532.81 million from a year ago;
analysts
expected $489.10 million. 
    * Mercer International Inc's reported EPS for the quarter
was
$1.00​.
    * The mean earnings estimate of analysts had fallen by
about 7% in
the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Mercer International Inc shares had risen by 18.6% this
quarter and gained 21.7% so far this year.
    * The company reported quarterly net income of $66.75
million.
    * Wall Street's median 12-month price target for Mercer
International Inc is $18.00 
    * 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 October
27 at 10:27 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.87           1.12           Beat