Mercer International (NASDAQ:MERC) reported its Q3 earnings results on Thursday, October 28, 2021 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Mercer International beat their estimated earnings by 36.84%, reporting an EPS of $1.04 versus an estimate of $0.76, which surprised analysts.
Revenue was up $136,595,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.16, which was followed by a 2.35% drop in the share price the next day.
Here’s a look at Mercer International’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.48 | 0.31 | -0.02 | |
| EPS Actual | 0.32 | 0.09 | -0.20 | 0.11 |
| Revenue Estimate | 399.25M | 430.61M | 381.28M | 343.69M |
| Revenue Actual | 401.83M | 412.72M | 398.19M | 333.15M |
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