Domtar (UFS) Tops Q3 EPS by 30c, Beats on Revenues

Domtar (NYSE: UFS) reported Q3 EPS of $1.11, $0.30 better than the analyst estimate of $0.81. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.28 billion.

OUTLOOK

In the fourth quarter, we expect higher maintenance costs in Pulp and Paper. Paper is expected to be negatively impacted by seasonally unfavorable mix while Pulp should continue to realize higher prices following recently announced price increases. Personal Care should benefit from higher volume, favorable raw material costs and seasonally lower marketing expense.

HIGHLIGHTS

• Third quarter 2017 net earnings of $1.11 per share
• Price increases announced for several pulp and paper grades
• $112 million of cash flow from operating activities

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

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