Resolute Forest Products (RFP) Tops Q3 EPS by 1c
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Resolute Reports Preliminary Third Quarter 2016 Results
November 3, 2016 7:30 AM EDTUS $
GAAP net income of $14 million or $0.15 per share Adjusted EBITDA of $68 million on sales of $888 million Cash and cash equivalents of $55 million Liquidity at $520 millionMONTRÉAL, Nov. 3, 2016 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today reported net income for the quarter ended September 30, 2016, of $14 million, or $0.15 per share, compared to a GAAP net loss of $6 million, or $0.07 per share, in the same period in 2015. Sales were $888 million in the quarter, down... More
