Domtar (UFS) Tops Q3 EPS by 28c, Revenue Misses

Domtar (NYSE: UFS) reported Q3 EPS of $0.86, $0.28 better than the analyst estimate of $0.58. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.36 billion.

OUTLOOK

Paper should be impacted by seasonality and mix in the fourth quarter while prices for pulp are still expected to remain under pressure. We remain cautious on the short-term pulp outlook due to the strong U.S. dollar. The fourth quarter should benefit from lower maintenance activities in our network while we expect higher input costs due to increased raw material and energy usage due to colder weather. Personal Care results are expected to continue to benefit from market growth and cost savings from its new manufacturing platform.

For earnings history and earnings-related data on Domtar (UFS) click here.

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