Resolute Forest Products (RFP) Declares $1.50 Special Dividend; 11.5% Yield

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Resolute Forest Products (RFP) PT Raised to $14 at RBC Capital

November 2, 2018 7:19 AM EDT

RBC Capital analyst Paul Quinn raised the price target on Resolute Forest Products (NYSE: RFP) to $14.00 (from $13.00) while maintaining a Sector Perform rating.

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Resolute Forest Products (RFP) Tops Q3 EPS by 32c, Revenues Miss

November 1, 2018 7:06 AM EDT

Resolute Forest Products (NYSE: RFP) reported Q3 EPS of $1.03, $0.32 better than the analyst estimate of $0.71. Revenue for the quarter came in at $974 billion versus the consensus estimate of $1.01 billion.

"Our best pulp quarter combined with continued positive market dynamics for paper helped offset the effects of a weaker lumber market, leading to another quarter of record results and a further reduction in leverage. Our continued focus on improving operational... More