Klabin (OTCMKTS:KLBAY) Releases Earnings Results, Misses Expectations By $0.02 EPS

Klabin (OTCMKTS:KLBAY) issued its quarterly earnings results on Wednesday. The basic materials company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.02), Zacks reports. Klabin had a return on equity of 3.60% and a net margin of 2.49%.

Klabin Price Performance

Shares of KLBAY remained flat at $7.17 during mid-day trading on Wednesday. The stock had a trading volume of 2,594 shares, compared to its average volume of 3,051. The company has a 50-day moving average price of $6.76 and a 200 day moving average price of $7.16. The company has a quick ratio of 1.37, a current ratio of 1.78 and a debt-to-equity ratio of 2.01. The firm has a market capitalization of $22.38 billion, a PE ratio of 29.00, a P/E/G ratio of 2.22 and a beta of 0.65. Klabin has a 1 year low of $5.98 and a 1 year 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.