Suzano Q1 EPS $0.03 Down From $0.76 YoY, Sales $1.91B Down From $2.17B YoY
Portfolio Pulse from Benzinga Newsdesk
Suzano (NYSE:SUZ) reported a significant decrease in its Q1 earnings per share, dropping 96.05% to $0.03 from $0.76 YoY. Sales also decreased by 11.94% to $1.91B from $2.17B YoY.
May 09, 2024 | 10:31 pm
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Suzano reported a significant drop in Q1 earnings per share and sales, indicating a challenging quarter.
The substantial decrease in both earnings per share and sales for Suzano suggests a challenging operational period, which is likely to negatively impact investor sentiment and potentially the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100