Recap: Mercer International Q3 Earnings

Mercer International MERC reported its Q3 earnings results on Thursday, October 28, 2021 at 04:30 PM.

Here's what investors need to know about the announcement.

Mercer International beat their estimated earnings by 36.84%, reporting an EPS of $1.04 versus an estimate of $0.76, which surprised analysts.

Revenue was up $136,595,000 from the same period last year.

Last quarter the company missed on EPS by $0.16, which was followed by a 2.35% drop in the share price the next day.

Here's a look at Mercer International's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.48	0.31	-0.02
EPS Actual	0.32	0.09	-0.20	0.11
Revenue Estimate	399.25M	430.61M	381.28M	343.69M
Revenue Actual	401.83M	412.72M	398.19M	333.15M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

Earnings Calendar