Stora Enso OYJ (SEOAY) Scheduled to Post Quarterly Earnings on Wednesday
Stora Enso OYJ (NASDAQ:SEOAY) will issue its quarterly earnings data before the market opens on Wednesday, October 25th. Analysts expect the company to announce earnings of $0.24 per share for the quarter.
Stora Enso OYJ (NASDAQ:SEOAY) last issued its earnings results on Wednesday, July 26th. The basic materials company reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. The business had revenue of $2.78 billion during the quarter, compared to analysts’ expectations of $3.02 billion. Stora Enso OYJ had a net margin of 5.66% and a return on equity of 10.16%. On average, analysts expect Stora Enso OYJ to post $0.81 EPS for the current fiscal year and $0.81 EPS for the next fiscal year.
Stora Enso OYJ (NASDAQ SEOAY) opened at 14.48 on Wednesday. The firm has a 50-day moving average of $13.90 and a 200 day moving average of $13.15. Stora Enso OYJ has a one year low of $8.67 and a one year high of $14.92. The stock has a market capitalization of $11.42 billion and a PE ratio of 19.81.
Separately, Zacks Investment Research lowered shares of Stora Enso OYJ from a “buy” rating to a “hold” rating in a research report on Wednesday, July 5th.
About Stora Enso OYJ
Stora Enso Oyj is a provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. The Company’s segments include Consumer Board, Packaging Solutions, Biomaterials, Wood Products, Paper and Other. The Consumer Board segment develops and provides consumer packaging boards for printing and packaging applications.
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