Brokerages Anticipate Fibria Celulose SA (FBR) Will Announce Earnings of $0.27 Per Share

Equities research analysts forecast that Fibria Celulose SA (NYSE:FBR) will post $0.27 earnings per share for the current quarter, Zacks reports. Zero analysts have provided estimates for Fibria Celulose SA’s earnings. Fibria Celulose SA reported earnings per share of $0.32 in the same quarter last year, which would suggest a negative year over year growth rate of 15.6%. The firm is scheduled to issue its next earnings report before the market opens on Wednesday, April 26th.

On average, analysts expect that Fibria Celulose SA will report full year earnings of $0.23 per share for the current fiscal year. For the next year, analysts forecast that the firm will report earnings of $0.47 per share, with EPS estimates ranging from $0.42 to $0.53. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that follow Fibria Celulose SA.

Fibria Celulose SA (NYSE:FBR) last released its quarterly earnings results on Tuesday, January 31st. The basic materials company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of $0.10 by $0.15. Fibria Celulose SA had a net margin of 15.97% and a return on equity of 9.28%. The company earned $769.01 million during the quarter.

Separately, Zacks Investment Research raised Fibria Celulose SA from a “hold” rating to a “strong-buy” rating and set a $11.00 price objective on the stock in a research report on Friday, January 13th.

Hedge funds have recently modified their holdings of the company. Scopus Asset Management L.P. bought a new stake in shares of Fibria Celulose SA during the third quarter worth approximately $1,065,000. U S Global Investors Inc. boosted its stake in shares of Fibria Celulose SA by 88.8% in the third quarter. U S Global Investors Inc. now owns 243,600 shares of the basic materials company’s stock worth $1,722,000 after buying an additional 114,600 shares in the last quarter. Commonwealth Bank of Australia boosted its stake in shares of Fibria Celulose SA by 195.6% in the third quarter. Commonwealth Bank of Australia now owns 299,086 shares of the basic materials company’s stock worth $2,115,000 after buying an additional 197,918 shares in the last quarter. Princeton Alpha Management LP bought a new stake in shares of Fibria Celulose SA during the third quarter worth approximately $109,000. Finally, Boston Partners bought a new stake in shares of Fibria Celulose SA during the third quarter worth approximately $2,848,000. 6.31% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Fibria Celulose SA (NYSE:FBR) traded up 2.40% during midday trading on Monday, hitting $8.95. The company had a trading volume of 1,241,314 shares. The company has a market capitalization of $4.95 billion, a P/E ratio of 9.44 and a beta of 0.46. The firm’s 50 day moving average is $8.86 and its 200 day moving average is $8.79. Fibria Celulose SA has a 52 week low of $5.79 and a 52 week high of $10.24.

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Fibria Celulose SA Company Profile

Fibria Celulose SA (Fibria) is a forestry company, which is engaged in the production of eucalyptus pulp. The Company is engaged in the production and sale of short fiber pulp from its pulp production facilities located in the cities of Aracruz (State of Espirito Santo), Tres Lagoas (State of Mato Grosso do Sul), Jacarei (State of Sao Paulo) and Eunapolis (State of Bahia).

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