Resolute Forest: Q1 Earnings Insights

Resolute Forest Prods RFP reported its Q1 earnings results on Thursday, May 5, 2022 at 07:00 AM.

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

Resolute Forest Prods missed estimated earnings by 8.87%, reporting an EPS of $2.26 versus an estimate of $2.48.

Revenue was up $72.00 million from the same period last year.

Last quarter the company missed on EPS by $0.5 which was followed by a 0.7% increase in the share price the next day.

Here's a look at Resolute Forest Prods's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.98	1.16	3.06	1.66
EPS Actual	0.48	0.84	3.74	1.45
Revenue Estimate	1.11B	1.10B	967.00M	872.50M
Revenue Actual	834.00M	817.00M	1.14B	873.00M

To track all earnings releases for Resolute Forest Prods visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.