Resolute Forest Products (RFP) Scheduled to Post Earnings on Thursday

Resolute Forest Products (TSE:RFP – Get Rating) (NYSE:RFP) is scheduled to be announcing its earnings results before the market opens on Thursday, May 5th.

Resolute Forest Products (TSE:RFP – Get Rating) (NYSE:RFP) last announced its quarterly earnings data on Thursday, February 3rd. The company reported C$0.61 EPS for the quarter. The business had revenue of C$1.05 billion during the quarter.

Shares of RFP stock opened at C$17.82 on Thursday. The company’s fifty day simple moving average is C$16.65 and its 200-day simple moving average is C$16.51. The company has a quick ratio of 0.99, a current ratio of 2.30 and a debt-to-equity ratio of 23.80. The firm has a market cap of C$1.37 billion and a PE ratio of 3.63. Resolute Forest Products has a 12 month low of C$12.65 and a 12 month high of C$21.27.

Separately, Royal Bank of Canada set a C$18.00 target price on shares of Resolute Forest Products and gave the stock an “outperform” rating in a report on Friday, February 4th.

About Resolute Forest Products (Get Rating)

Resolute Forest Products Inc, together with its subsidiaries, operates in the forest products industry in the United States, Canada, Mexico, and internationally. The company operates through four segments: Market Pulp, Tissue, Wood Products, and Paper. The Market Pulp segment offers virgin and recycled bleached Kraft pulp, which is used to make a range of consumer products, including tissue, packaging, specialty paper products, diapers, and other absorbent products.

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