Mercer Int'l (MERC) Declares $0.125 Quarterly Dividend; 2.9% Yield

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Go back to Mercer Int'l (MERC) Declares $0.125 Quarterly Dividend; 2.9% Yield

Mercer Int'l (MERC) Misses Q3 EPS by 11c

October 25, 2018 4:47 PM EDT

Mercer Int'l (NASDAQ: MERC) reported Q3 EPS of $0.63, $0.11 worse than the analyst estimate of $0.74. Revenue for the quarter came in at $331.06 million versus the consensus estimate of $394.37 million.

Mr. David M. Gandossi, the Chief Executive Officer, stated: "Our agreements to acquire Daishowa-Marubeni International Ltd. and the Santanol sandalwood business reflect our disciplined... More