Fortress Paper (FTP) Announces Quarterly Earnings, Misses Estimates By $0.43 EPS
Fortress Paper (TSE:FTP) posted its quarterly earnings results on Friday. The company reported ($1.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.83) by $0.43, Stock Ratings Network.com reports.
Shares of Fortress Paper (TSE:FTP) opened at 2.85 on Friday. Fortress Paper has a 52-week low of $2.60 and a 52-week high of $8.00. The stock’s 50-day moving average is $2.93 and its 200-day moving average is $3.2. The company has a market cap of $41.6 million and a price-to-earnings ratio of 0.94.
Fortress Paper Ltd. (TSE:FTP) is an international producer of specialty pulp, specialty papers, security papers and other security related products.
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