Klabin (KLBAY) Set to Post Earnings on Wednesday

Klabin (OTCMKTS:KLBAY) is anticipated to release 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 issued its earnings results on Wednesday, August 5th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.02). Klabin had a net margin of 1.26% and a return on equity of 1.72%. The firm 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 Trading Down 1.5%

Shares of OTCMKTS:KLBAY opened at $7.12 on Tuesday. Klabin has a 52-week low of $6.35 and a 52-week high of $10.23. The company has a market capitalization of $22.22 billion, a P/E ratio of 42.16, a price-to-earnings-growth ratio of 1.79 and a beta of 0.61. The company has a 50-day simple moving average of $7.26 and a 200 day simple moving average of $7.18. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.55 and a current ratio of 2.00.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Klabin from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 3rd. Two investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, Klabin currently has a consensus rating of “Hold”.

About Klabin

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.