Equities Analysts Set Expectations for Svenska Cellulosa SCA AB’s FY2018 Earnings (SVCBY)

Svenska Cellulosa SCA AB (OTCMKTS:SVCBY) – Investment analysts at Jefferies Group raised their FY2018 earnings estimates for Svenska Cellulosa SCA in a research note issued on Tuesday. Jefferies Group analyst J. Jordan now anticipates that the basic materials company will post earnings of $0.37 per share for the year, up from their previous estimate of $0.32.

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Svenska Cellulosa SCA (OTCMKTS:SVCBY) last announced its quarterly earnings results on Tuesday, January 30th. The basic materials company reported $0.10 EPS for the quarter. Svenska Cellulosa SCA had a net margin of 242.91% and a return on equity of 3.73%. The business had revenue of $510.33 million for the quarter.

Separately, Zacks Investment Research lowered shares of Svenska Cellulosa SCA from a “hold” rating to a “sell” rating in a research note on Friday, January 5th.

Svenska Cellulosa SCA (OTCMKTS SVCBY) opened at $10.38 on Friday. Svenska Cellulosa SCA has a 52 week low of $6.92 and a 52 week high of $35.36. The company has a market cap of $6,511.48, a PE ratio of 31.91, a P/E/G ratio of 2.46 and a beta of 0.70. The company has a quick ratio of 0.66, a current ratio of 1.15 and a debt-to-equity ratio of 0.14.

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About Svenska Cellulosa SCA

Svenska Cellulosa SCA AB is a Sweden-based forest products company that develops solid-wood products, pulp, kraftliner, publication papers and renewable energy. The Company consists of five business units: Forest, Wood, Pulp, Paper, Renewable Energy, and supporting unit Sourcing & Logistics. The Forest unit comprises management of over two million hectares forestland, which is used for timber production.

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