UPM-Kymmene Co. (OTCMKTS:UPMKY) – Stock analysts at Jefferies Financial Group reduced their Q2 2019 earnings per share estimates for UPM-Kymmene in a report issued on Friday, June 14th. Jefferies Financial Group analyst C. Hathorn now expects that the basic materials company will earn $0.54 per share for the quarter, down from their previous estimate of $0.56. Jefferies Financial Group also issued estimates for UPM-Kymmene’s Q3 2019 earnings at $0.54 EPS, Q4 2019 earnings at $0.57 EPS, FY2019 earnings at $2.31 EPS, FY2020 earnings at $2.41 EPS, FY2021 earnings at $2.44 EPS and FY2022 earnings at $2.44 EPS.
UPM-Kymmene (OTCMKTS:UPMKY) last posted its quarterly earnings data on Friday, April 26th. The basic materials company reported $0.65 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.02. UPM-Kymmene had a net margin of 13.95% and a return on equity of 13.43%. The business had revenue of $3.06 billion during the quarter, compared to the consensus estimate of $3.03 billion.
Several other research analysts have also recently issued reports on the stock. ValuEngine cut shares of UPM-Kymmene from a “hold” rating to a “sell” rating in a report on Monday, March 25th. Zacks Investment Research raised shares of UPM-Kymmene from a “sell” rating to a “hold” rating in a report on Saturday, April 6th.
OTCMKTS:UPMKY opened at $26.16 on Monday. UPM-Kymmene has a 12 month low of $24.26 and a 12 month high of $40.64. The firm has a market cap of $13.96 billion, a PE ratio of 9.87, a P/E/G ratio of 7.91 and a beta of 1.26.
UPM-Kymmene Oyj operates in the forest-based bio industry. It operates through UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other operations segments. The company provides eucalyptus, birch, and softwood pulp grades for tissue, specialty and graphic papers, boards, and packaging; sawn timber for construction, packaging, distribution, joinery, and furniture industries; and wood-based renewable diesel and renewable naphtha for fuel distributors, transportation, and oil and petrochemicals industries.
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