Stora Enso Oyj (OTCMKTS:SEOAY) Announces Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Stora Enso Oyj (OTCMKTS:SEOAYGet Free Report) announced its quarterly earnings data on Tuesday. The basic materials company reported ($0.86) EPS for the quarter, missing the consensus estimate of ($0.82) by ($0.04), Zacks reports. Stora Enso Oyj had a negative net margin of 0.75% and a negative return on equity of 2.72%.

Stora Enso Oyj Price Performance

SEOAY opened at $10.70 on Tuesday. The company has a 50 day simple moving average of $10.37 and a two-hundred day simple moving average of $11.32. 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 has a 1-year low of $9.43 and a 1-year high of $15.29.

Stora Enso Oyj Cuts Dividend

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

Wall Street Analysts Forecast Growth

Separately, BNP Paribas upgraded Stora Enso Oyj to a “hold” rating in a report on Tuesday, October 15th.

Read Our Latest Research Report on Stora Enso Oyj

About Stora Enso Oyj

(Get Free Report)

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.

See Also

Earnings History for Stora Enso Oyj (OTCMKTS:SEOAY)

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