Klabin (KLBAY) Expected to Announce Earnings on Wednesday

Klabin (OTCMKTS:KLBAY) is anticipated to announce its results before the market opens on Wednesday, February 25th. Analysts expect the company to announce earnings of $0.12 per share for the quarter.

Klabin (OTCMKTS:KLBAY) last announced its earnings results on Wednesday, February 11th. The basic materials company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.05. The company had revenue of $956.36 million during the quarter, compared to the consensus estimate of $972.70 million. Klabin had a return on equity of 11.36% and a net margin of 7.13%. On average, analysts expect Klabin to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Klabin Stock Up 7.2%

KLBAY stock opened at $8.31 on Wednesday. The company has a debt-to-equity ratio of 2.32, a quick ratio of 1.67 and a current ratio of 2.12. Klabin has a fifty-two week low of $5.51 and a fifty-two week high of $10.23. The company has a market capitalization of $25.93 billion, a price-to-earnings ratio of 16.10, a price-to-earnings-growth ratio of 0.98 and a beta of 0.81. The business’s 50 day moving average price is $7.34 and its two-hundred day moving average price is $7.02.

Analyst Upgrades and Downgrades

Separately, Itau BBA Securities cut shares of Klabin to a “market perform” rating in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

About Klabin

Klabin SA is a Brazilian integrated paper and pulp company that develops, manufactures and sells a range of forest products and packaging solutions. Founded by the Klabin family in 1899 and headquartered in São Paulo, the company’s activities span forestry management, pulp and paper manufacturing, containerboard and corrugated packaging production, and recycling operations. Klabin supplies both industrial and consumer-oriented paper and packaging products, including kraftliner, corrugating medium, cartonboard and specialty papers used across multiple end markets.

As an integrated forest products company, Klabin manages planted timberlands and brings raw material through its own supply chain into pulping and papermaking facilities.