Mercer Intl Earnings Preview
Portfolio Pulse from Benzinga Insights
Mercer Intl (NASDAQ:MERC) is scheduled to release its quarterly earnings report on February 15, 2024, with analysts expecting an EPS of $-0.54. The company's past performance shows a mix of earnings beats and misses, with significant share price movements following the announcements. Shares are currently trading at $7.6, down 34.24% over the last year. Investors are looking for positive guidance for the next quarter.
February 14, 2024 | 8:01 pm
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Mercer Intl is expected to report an EPS of $-0.54 for the latest quarter, with historical performance showing significant price movements post-earnings. Shares have declined 34.24% over the past year, indicating investor concern.
Given Mercer Intl's history of price movements post-earnings and the current downward trend in share price, the upcoming earnings report could maintain the stock's volatility. However, the exact direction will depend on the reported EPS and future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100