Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) is projected to release its earnings data before the market opens on Wednesday, July 23rd. Analysts expect Stora Enso Oyj to post 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 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.10. The company had revenue of $2.69 billion for the quarter, compared to analysts' expectations of $2.32 billion. Stora Enso Oyj had a negative return on equity of 3.74% and a negative net margin of 1.01%. 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 Price Performance
Shares of OTCMKTS SEOAY traded down $0.31 during trading hours on Friday, reaching $10.20. 6,497 shares of the stock traded hands, compared to its average volume of 86,950. The company has a market capitalization of $8.04 billion, a P/E ratio of -78.46 and a beta of 0.84. 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 52-week low of $7.97 and a 52-week high of $14.32. The company's 50-day simple moving average is $10.38 and its two-hundred day simple moving average is $10.18.
Analysts Set New Price Targets
A number of brokerages recently weighed in on SEOAY. BNP Paribas cut Stora Enso Oyj from a "hold" rating to a "strong sell" rating in a report on Wednesday, June 25th. Barclays cut Stora Enso Oyj from an "overweight" rating to an "underweight" rating in a research note on Monday, April 7th.
Check Out 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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