Mercer Int'l (MERC) Misses Q4 EPS by 18c, Revenues Beat
Get Alerts MERC Hot Sheet
Revenue Growth %: -4.8%
Financial Fact:
Interest expense: -12.79M
Today's EPS Names:
MAXN, CSTR, ACU, More
Join SI Premium – FREE
Mercer Int'l (NASDAQ: MERC) reported Q4 EPS of ($0.20), $0.18 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $398.2 million versus the consensus estimate of $381.28 million.
Selected Highlights
- Fourth quarter Operating EBITDA* of $49.5 million and net loss of $13.0 million
- 2020 annual Operating EBITDA of $192.7 million and net loss of $17.2 million ($0.26 per diluted share)
Mr. David Gandossi, the Chief Executive Officer, stated: “All of our mills ran well in the fourth quarter. Our Rosenthal and Peace River mills successfully and safely completed a total of 16 days of annual maintenance downtime. Our recent capital investment in our Friesau sawmill continues to pay dividends in the form of record quarterly operating income of $12.9 million in the fourth quarter.
For earnings history and earnings-related data on Mercer Int'l (MERC) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Safe & Green (SGBX) Provides Update on Audit and Planned 10-K Filing
- Super Micro Computer (SMCI) Falls 6%
- lululemon athletica (LULU) to close one of smaller distribution centers located in Sumner, WA at the end of 2024 - Reuters
Create E-mail Alert Related Categories
Corporate News, Earnings, Management CommentsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!