Cascades (CAS) Posts Quarterly Earnings Results, Misses Expectations By $0.05 EPS
Cascades (TSE:CAS) announced its earnings results on Wednesday. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.13 by $0.05, Stock Ratings Network reports.
Cascades (TSE:CAS) opened at 6.17 on Wednesday. Cascades has a 1-year low of $5.08 and a 1-year high of $7.60. The stock has a 50-day moving average of $6.60 and a 200-day moving average of $6.73. The company has a market cap of $579.5 million and a P/E ratio of 31.84.
Cascades Inc (TSE:CAS), along with its subsidiaries produces, converts and markets packaging and tissue products composed mainly of recycled fibers.
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