Sappi (SPPJY) to Release Quarterly Earnings on Thursday

Sappi (OTCMKTS:SPPJYGet Free Report) is projected to announce its resultson Thursday, August 6th. Analysts expect Sappi to announce earnings of ($0.1764) per share and revenue of $1.4033 billion for the quarter.

Sappi (OTCMKTS:SPPJYGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The basic materials company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.04). Sappi had a negative return on equity of 4.85% and a negative net margin of 12.70%.The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.40 billion. On average, analysts expect Sappi to post $-0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sappi Trading Down 6.9%

Shares of SPPJY stock opened at $0.70 on Thursday. Sappi has a twelve month low of $0.59 and a twelve month high of $1.78. The company has a market capitalization of $425.87 million, a price-to-earnings ratio of -0.63 and a beta of 0.59. The firm has a 50-day moving average price of $0.73 and a 200 day moving average price of $1.00. The company has a current ratio of 1.35, a quick ratio of 0.70 and a debt-to-equity ratio of 0.91.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Sappi from a “strong sell” rating to a “hold” rating in a research report on Tuesday. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Get Our Latest Analysis on SPPJY

Sappi Company Profile

(Get Free Report)

Sappi Limited, trading on the OTCMKTS as SPPJY, is a global pulp and paper company headquartered in Johannesburg, South Africa. Originally established in 1936 as South African Pulp and Paper Industries, Sappi has grown into a diversified manufacturer of dissolving wood pulp, graphic papers, packaging and specialty papers. The company serves customers in over 150 countries and operates a network of mills and sales offices across three key regions: Europe, North America and South Africa.

Sappi’s product portfolio is organized into several main categories.

Further Reading

Earnings History for Sappi (OTCMKTS:SPPJY)

Receive News & Ratings for Sappi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sappi and related companies with MarketBeat.com's FREE daily email newsletter.