Klabin (OTCMKTS:KLBAY) Releases Earnings Results, Beats Estimates By $0.05 EPS

Klabin (OTCMKTS:KLBAY) announced its quarterly earnings data on Wednesday. The basic materials company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.05, Zacks reports. Klabin had a net margin of 7.93% and a return on equity of 14.04%.

Klabin Trading Up 2.0%

Shares of KLBAY stock traded up $0.16 during mid-day trading on Wednesday, reaching $7.85. The company’s stock had a trading volume of 139 shares, compared to its average volume of 3,715. The company has a quick ratio of 1.67, a current ratio of 2.12 and a debt-to-equity ratio of 2.32. The firm has a market capitalization of $24.48 billion, a PE ratio of 15.85, a price-to-earnings-growth ratio of 0.97 and a beta of 0.81. The company’s 50 day simple moving average is $7.24 and its 200-day simple moving average is $6.99. Klabin has a 12-month low of $5.51 and a 12-month high of $10.23.

About Klabin

Klabin SA is a Brazilian integrated paper and pulp company that develops, manufactures and sells a range of forest products and packaging solutions. Founded by the Klabin family in 1899 and headquartered in São Paulo, the company’s activities span forestry management, pulp and paper manufacturing, containerboard and corrugated packaging production, and recycling operations. Klabin supplies both industrial and consumer-oriented paper and packaging products, including kraftliner, corrugating medium, cartonboard and specialty papers used across multiple end markets.

As an integrated forest products company, Klabin manages planted timberlands and brings raw material through its own supply chain into pulping and papermaking facilities.