Klabin (KLBAY) Set to Release Quarterly Earnings on Wednesday

Klabin (OTCMKTS:KLBAY) is expected to be issuing its results before the market opens on Wednesday, October 28th. Analysts expect Klabin to announce earnings of $0.13 per share and revenue of $1.07 billion for the quarter.

Klabin (OTCMKTS:KLBAY) last announced its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.02). Klabin had a return on equity of 1.72% and a net margin of 1.26%. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion. On average, analysts expect Klabin to post $0.26 EPS for the current fiscal year and $0.52 EPS for the next fiscal year.

Klabin Price Performance

Shares of OTCMKTS KLBAY opened at $7.22 on Monday. Klabin has a 1-year low of $6.35 and a 1-year high of $10.23. The company has a debt-to-equity ratio of 2.04, a current ratio of 2.00 and a quick ratio of 1.55. The business’s fifty day moving average price is $7.27 and its two-hundred day moving average price is $7.04. The firm has a market capitalization of $22.55 billion, a PE ratio of 42.78, a P/E/G ratio of 1.79 and a beta of 0.61.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Klabin from a “strong sell” rating to a “hold” rating in a report on Thursday, September 3rd. Two analysts have rated the stock with a Hold rating. According to MarketBeat, Klabin presently has an average rating of “Hold”.

Klabin Company Profile

Klabin SA is a Brazilian integrated producer of paper, packaging, and forest products. The company operates across the forestry, pulp, paper, and packaging value chain, managing planted forests and producing bleached and unbleached pulp, kraft paper, containerboard, corrugated packaging, industrial bags, and other paper-based products.

Its products serve a range of industries, including food and beverage, agriculture, consumer goods, e-commerce, and industrial manufacturing. Klabin also produces timber and operates in the tissue-paper segment, offering products for consumer and business markets.