KP Tissue (KPT) Set to Announce Quarterly Earnings on Tuesday

KP Tissue (TSE:KPT) is scheduled to announce its earnings results before the market opens on Tuesday, May 14th. Analysts expect the company to announce earnings of C$0.16 per share for the quarter.

KP Tissue (TSE:KPT) last released its earnings results on Thursday, March 7th. The company reported C$0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.21 by C($0.01). The firm had revenue of C$482.27 million during the quarter, compared to the consensus estimate of C$498.00 million.

KP Tissue Trading Up 0.7 %

Shares of TSE:KPT opened at C$8.30 on Tuesday. KP Tissue has a 1 year low of C$8.18 and a 1 year high of C$10.84. The business has a fifty day simple moving average of C$8.53 and a 200 day simple moving average of C$8.89. The firm has a market cap of C$82.67 million, a price-to-earnings ratio of -16.60, a P/E/G ratio of -0.88 and a beta of 0.35.

KP Tissue Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 15th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 8.67%. The ex-dividend date was Thursday, March 28th. KP Tissue’s payout ratio is -144.00%.

Analyst Ratings Changes

Several brokerages have recently issued reports on KPT. CIBC lowered their price target on KP Tissue from C$10.00 to C$9.00 in a research report on Monday, March 11th. National Bankshares lowered their price target on KP Tissue from C$9.50 to C$9.00 in a research report on Friday, March 8th. Finally, TD Securities decreased their target price on KP Tissue from C$9.50 to C$9.00 and set a “hold” rating on the stock in a research report on Tuesday, April 16th.

KP Tissue Company Profile

KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in Canada and the United States. The company operates through two segments, Consumer and Away-From-Home. It offers bathroom and facial tissues, paper towels, and napkins.