Stora Enso Oyj (SEOAY) Expected to Announce Earnings on Tuesday

Stora Enso Oyj (OTCMKTS:SEOAY) is anticipated to issue its quarterly earnings data before the market opens on Tuesday, February 11th. Analysts expect the company to announce earnings of ($0.82) per share and revenue of $2.18 billion for the quarter.

Stora Enso Oyj Stock Performance

Shares of Stora Enso Oyj stock opened at $10.99 on Tuesday. Stora Enso Oyj has a 52-week low of $9.43 and a 52-week high of $15.29. The company has a 50 day moving average of $10.26 and a 200 day moving average of $11.42. The company has a current ratio of 1.27, a quick ratio of 0.83 and a debt-to-equity ratio of 0.38.

Stora Enso Oyj Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were paid a $0.1049 dividend. The ex-dividend date was Friday, December 13th.

Wall Street Analysts Forecast Growth

SEOAY has been the topic of a number of research analyst reports. Barclays raised shares of Stora Enso Oyj from a “strong sell” rating to a “strong-buy” rating in a report on Monday, October 7th. BNP Paribas raised shares of Stora Enso Oyj to a “hold” rating in a report on Tuesday, October 15th.

About Stora Enso Oyj

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging.