Domtar (UFS) Set to Announce Quarterly Earnings on Thursday

Domtar (TSE:UFS) (NYSE:UFS) will issue its quarterly earnings data before the market opens on Thursday, November 1st. Analysts expect the company to announce earnings of C$1.48 per share for the quarter.

Domtar (TSE:UFS) (NYSE:UFS) last posted its quarterly earnings data on Wednesday, August 1st. The company reported C$0.84 earnings per share for the quarter, missing analysts’ consensus estimates of C$1.01 by C($0.17). Domtar had a negative net margin of 39.34% and a negative return on equity of 77.92%. The firm had revenue of C$1.75 billion during the quarter, compared to analysts’ expectations of C$1.73 billion.

TSE:UFS opened at C$59.37 on Wednesday. Domtar has a 1-year low of C$52.55 and a 1-year high of C$70.92.

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 15th. Investors of record on Tuesday, October 2nd were given a $0.566 dividend. This represents a $2.26 dividend on an annualized basis and a yield of 3.81%. This is a positive change from Domtar’s previous quarterly dividend of $0.56. The ex-dividend date was Monday, October 1st.

Separately, TD Securities decreased their target price on shares of Domtar from C$54.00 to C$52.00 and set a “hold” rating on the stock in a research report on Thursday, August 2nd.

Domtar Company Profile

Domtar Corporation designs, manufactures, markets, and distributes various communication papers, specialty and packaging papers, and absorbent hygiene products in the United States, Canada, Europe, Asia, and internationally. It operates in two segments, Pulp and Paper, and Personal Care. The company offers business papers, including copy and electronic imaging papers for use with inkjet and laser printers, photocopiers, and plain-paper fax machines, as well as computer papers, preprinted forms, and digital papers for office and home use.

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Earnings History for Domtar (TSE:UFS)

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