Shares of Mercer International MERC were flat in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 346.15% over the past year to $0.32, which missed the estimate of $0.48.
Revenue of $401,832,000 up by 17.77% year over year, which beat the estimate of $399,250,000.
Outlook
Mercer International hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Technicals
52-week high: $18.14
52-week low: $5.77
Price action over last quarter: down 27.77%
Company Description
Mercer International Inc operates in the pulp business and its operations are in Germany and Western Canada. The company is a producer of market northern bleached softwood kraft, or NBSK, pulp in the world. It is managed based on the primary products it manufactures: Pulp and Wood products. Mercer derives most of its revenue from the Pulp products.
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