Supremex (SXP) Announces Quarterly Earnings Results, Misses Expectations By $0.03 EPS

Supremex (TSE:SXP) issued its quarterly earnings data on Friday. The company reported C$0.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.10 by C($0.03), reports. The company had revenue of C$45.20 million for the quarter.

TSE:SXP traded down C$0.35 during mid-day trading on Friday, hitting C$2.77. The stock had a trading volume of 127,300 shares, compared to its average volume of 36,270. Supremex has a 52 week low of C$2.73 and a 52 week high of C$4.83. The company has a current ratio of 2.43, a quick ratio of 1.23 and a debt-to-equity ratio of 60.31.

Separately, Industrial Alliance Securities cut their price objective on shares of Supremex from C$5.25 to C$4.50 in a research report on Tuesday, October 9th.

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Supremex Company Profile

Supremex Inc manufactures and sells envelopes, and packaging and specialty products in North America. It offers translucent, custom, stock, digital window, EnviroSafe, and self-seal envelopes. The company also provides packaging products, such as auto boxes, Tear Resistant Xtreme-Lite mailers, board mailers, poly mailers, and Enviro-logiX bubble and flat mailers, as well as Conformer corrugate mailers, presentation folders, heavy duty mailers, and paperboard mailers.

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Earnings History for Supremex (TSE:SXP)

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