Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.05 per share and revenue of $2.47 billion for the quarter.
Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last announced its quarterly earnings data on Friday, April 25th. The basic materials company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.10. Stora Enso Oyj had a negative return on equity of 3.74% and a negative net margin of 1.01%. The firm had revenue of $2.69 billion during the quarter, compared to analysts' expectations of $2.32 billion. On average, analysts expect Stora Enso Oyj to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Stora Enso Oyj Stock Performance
SEOAY stock traded down $0.28 during midday trading on Friday, hitting $10.23. The company's stock had a trading volume of 33,827 shares, compared to its average volume of 21,970. The stock's 50-day moving average price is $10.40 and its 200 day moving average price is $10.18. The company has a quick ratio of 0.67, a current ratio of 1.09 and a debt-to-equity ratio of 0.38. Stora Enso Oyj has a 1 year low of $7.97 and a 1 year high of $14.32. The stock has a market cap of $8.07 billion, a price-to-earnings ratio of -78.69 and a beta of 0.84.
Analysts Set New Price Targets
Several brokerages have recently commented on SEOAY. BNP Paribas lowered Stora Enso Oyj from a "hold" rating to a "strong sell" rating in a research report on Wednesday, June 25th. Barclays lowered Stora Enso Oyj from an "overweight" rating to an "underweight" rating in a research report on Monday, April 7th.
Get Our Latest Analysis on Stora Enso Oyj
About Stora Enso Oyj
(
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Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging.
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