Schweitzer-Mauduit International, Inc. (NYSE:SWM) Scheduled to Post Quarterly Earnings on Tuesday
Schweitzer-Mauduit International, Inc. (NYSE:SWM) is set to issue its quarterly earnings data after the market closes on Tuesday, August 1st. Analysts expect the company to announce earnings of $0.80 per share for the quarter. Schweitzer-Mauduit International has set its FY17 guidance at $3.15 EPS.
Schweitzer-Mauduit International (NYSE:SWM) last announced its quarterly earnings data on Wednesday, May 3rd. The company reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by $0.03. Schweitzer-Mauduit International had a net margin of 8.78% and a return on equity of 18.44%. The business had revenue of $233.30 million for the quarter, compared to analysts’ expectations of $220.20 million. During the same period in the prior year, the company posted $0.80 EPS. The firm’s revenue was up 8.7% on a year-over-year basis. On average, analysts expect Schweitzer-Mauduit International to post $3.15 EPS for the current fiscal year and $3.40 EPS for the next fiscal year.
Shares of Schweitzer-Mauduit International, Inc. (NYSE SWM) traded down 0.80% during mid-day trading on Tuesday, reaching $38.25. 111,651 shares of the company traded hands. Schweitzer-Mauduit International, Inc. has a 52 week low of $35.31 and a 52 week high of $47.01. The company has a market capitalization of $1.17 billion, a P/E ratio of 15.55 and a beta of 1.19. The stock’s 50-day moving average is $37.60 and its 200-day moving average is $40.84.
In other Schweitzer-Mauduit International news, Director Jeffrey Keenan bought 18,000 shares of the company’s stock in a transaction on Friday, May 12th. The stock was purchased at an average cost of $39.16 per share, for a total transaction of $704,880.00. Following the acquisition, the director now owns 2,000 shares of the company’s stock, valued at approximately $78,320. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.84% of the company’s stock.
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Schweitzer-Mauduit International Company Profile
Schweitzer-Mauduit International, Inc (SWM) is a diversified producer of engineered solutions and materials for a variety of industries. The Company has two operating product line segments: Engineered Papers, and Advanced Materials and Structures. As of December 31, 2016, the Company conducted business in over 90 countries and operate 18 production locations across the world, with facilities in the United States, Canada, the United Kingdom, France, Luxembourg, Russia, Brazil, China and Poland.
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