Domtar Corp (TSE:UFS) to Post Q3 2018 Earnings of $0.98 Per Share, KeyCorp Forecasts

Domtar Corp (TSE:UFS) (NYSE:UFS) – Investment analysts at KeyCorp issued their Q3 2018 earnings per share (EPS) estimates for shares of Domtar in a note issued to investors on Thursday, Zacks Investment Research reports. KeyCorp analyst A. Josephson expects that the company will earn $0.98 per share for the quarter.

Domtar (TSE:UFS) (NYSE:UFS) last posted its quarterly earnings data on Thursday, February 8th. The company reported C$0.81 earnings per share for the quarter, missing the consensus estimate of C$0.88 by C($0.07). Domtar had a return on equity of 9.93% and a net margin of 5.42%. The company had revenue of C$1.70 billion during the quarter, compared to the consensus estimate of C$1.65 billion.

A number of other analysts have also commented on the stock. National Bank Financial lifted their target price on shares of Domtar to C$59.00 and gave the stock a “sector perform” rating in a report on Tuesday, October 31st. Scotiabank reaffirmed a “sector perform” rating and set a C$52.50 target price on shares of Domtar in a report on Tuesday, October 31st.

Domtar (UFS) traded up C$1.68 during mid-day trading on Monday, reaching C$56.91. 8,583 shares of the company traded hands, compared to its average volume of 88,467. Domtar has a 1 year low of C$46.97 and a 1 year high of C$64.81. The company has a market cap of $3,470.00, a PE ratio of -6.93 and a beta of 1.18.

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About Domtar

Domtar Corporation designs, manufactures, markets and distributes a range of fiber-based products, including communication papers, specialty and packaging papers and absorbent hygiene products. The Company segments include Pulp and Paper and Personal Care. The Pulp and Paper segment consists of the design, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.

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