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

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

Klabin Stock Performance

OTCMKTS KLBAY remained flat at $7.17 during trading on Wednesday. 2,594 shares of the company’s stock were exchanged, compared to its average volume of 3,051. The company has a 50 day moving average of $6.76 and a 200 day moving average of $7.16. Klabin has a 52-week low of $5.98 and a 52-week high of $10.23. The stock has a market cap of $22.38 billion, a price-to-earnings ratio of 29.00, a price-to-earnings-growth ratio of 2.22 and a beta of 0.65. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.78 and a quick ratio of 1.37.

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.