Verso (VRS) Scheduled to Post Quarterly Earnings on Tuesday
Verso (NYSE:VRS) is scheduled to release its earnings data before the market opens on Tuesday, November 12th. Analysts expect Verso to post earnings of ($0.15) per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
Verso (NYSE:VRS) last posted its quarterly earnings results on Thursday, August 8th. The basic materials company reported $0.12 earnings per share for the quarter, topping the consensus estimate of ($1.86) by $1.98. The company had revenue of $602.00 million during the quarter, compared to the consensus estimate of $632.30 million. Verso had a return on equity of 18.97% and a net margin of 3.64%. On average, analysts expect Verso to post $1 EPS for the current fiscal year and $-5 EPS for the next fiscal year.
VRS stock opened at $14.85 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.63 and a current ratio of 2.07. The company has a market capitalization of $533.55 million, a price-to-earnings ratio of 4.01 and a beta of 2.03. Verso has a fifty-two week low of $9.61 and a fifty-two week high of $28.72. The stock has a fifty day moving average of $13.29 and a 200-day moving average of $15.74.
Verso Corporation produces and sells coated papers in North America. It operates through two segments, Paper and Pulp. The company offers coated freesheet and coated groundwood, specialty, packaging, inkjet and digital, supercalendered, and uncoated freesheet papers; and bleached and unbleached market kraft pulp to manufacture printing, writing, and tissue products.
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