Earnings Outlook For Mercer Intl

Mercer Intl (NASDAQ:MERC) is gearing up to announce its quarterly earnings on Thursday, 2024-10-31. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Mercer Intl will report an earnings per share (EPS) of $0.08.

The market awaits Mercer Intl's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings History Snapshot

In the previous earnings release, the company missed EPS by $0.70, leading to a 5.48% increase in the share price the following trading session.

Here's a look at Mercer Intl's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.31

-0.11

-0.54

-0.76

EPS Actual

-1.01

-0.25

-0.80

-0.39

Price Change %

5.0%

-3.0%

7.000000000000001%

13.0%

Analysts' Take on Mercer Intl

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Mercer Intl.

Mercer Intl has received a total of 2 ratings from analysts, with the consensus rating as Neutral. With an average one-year price target of $8.25, the consensus suggests a potential 25.19% upside.

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