What are Value Stocks?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
According to Benzinga Pro, during Q4, Mercer International (NASDAQ:MERC) earned $74.52 million, a 7.82% increase from the preceding quarter. Mercer International also posted a total of $518.96 million in sales, a 10.48% increase since Q3.
Mercer International (NASDAQ:MERC) reported its Q4 earnings results on Thursday, February 17, 2022 at 04:30 PM.
Here's what investors need to know about the announcement.
Mercer International (NASDAQ:MERC) reported quarterly earnings of $1.13 per share which beat the analyst consensus estimate of $0.76 by 48.68 percent. This is a 665 percent increase over losses of $(0.20) per share from
Companies Reporting Before The Bell
• Palantir Technologies (NYSE:PLTR) is estimated to report quarterly earnings at $0.04 per share on revenue of $417.69 million.
Keybanc cut the price target on The Sherwin-Williams Company (NYSE: SHW) from $394 to $335. Sherwin-Williams shares rose 1.6% to close at $287.70 on Friday.