UBS on U.S. Paper & Forest Products; Q2 Preview: Some Will Beat, Others Will Miss
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Price: $104.35 +0.58%
Rating Summary:
3 Buy, 6 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
3 Buy, 6 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
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UBS on U.S. Paper & Forest Products; Q2 Preview: Some will beat, others will miss
Analyst, Gail S. Glazerman, said, "Across our coverage universe we expect a slight 0.5% sequential increase in EPS but a 12% year-over-year decline. We expect only imberly Clark (NYSE: KMB) & Louisiana-Pacific (NYSE: LPX) to post y/y EPS growth. We expect Weyerhaeuser (NYSE: WY), Int'l Paper (NYSE: IP), Buckeye Technologies (NYSE: BKI), MeadWestvaco (NYSE: MWV) & Potlatch (NYSE: PCH) to miss current consensus estimates but believe LPX & KMB could beat consensus. We expect the strength of the US dollar to be a modest headwind for some."
"U.S. housing recovery carried through 2Q, in contrast to prior years where promising starts faded quickly. Wood product pricing was stronger than expected. But with low utilization it is not yet clear if recent price gains are sustainable."
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Analyst, Gail S. Glazerman, said, "Across our coverage universe we expect a slight 0.5% sequential increase in EPS but a 12% year-over-year decline. We expect only imberly Clark (NYSE: KMB) & Louisiana-Pacific (NYSE: LPX) to post y/y EPS growth. We expect Weyerhaeuser (NYSE: WY), Int'l Paper (NYSE: IP), Buckeye Technologies (NYSE: BKI), MeadWestvaco (NYSE: MWV) & Potlatch (NYSE: PCH) to miss current consensus estimates but believe LPX & KMB could beat consensus. We expect the strength of the US dollar to be a modest headwind for some."
"U.S. housing recovery carried through 2Q, in contrast to prior years where promising starts faded quickly. Wood product pricing was stronger than expected. But with low utilization it is not yet clear if recent price gains are sustainable."
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