Mercer International Q2 2023 Earnings Report

Mercer International EPS Results

• Actual EPS: -$1.48
• Consensus EPS: -$1.04
• Beat/Miss: Missed by -$0.44
• One Year Ago EPS: $1.07

Mercer International Revenue Results

• Actual Revenue: $529.86 million
• Expected Revenue: $435.77 million
• Beat/Miss: Beat by +$94.09 million
• YoY Revenue Growth: -7.40%

Mercer International Announcement Details

• Quarter: Q2 2023
• Date: 8/3/2023
• Time: After Market Closes

Mercer International (NASDAQ:MERC), together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) and northern bleached hardwood kraft (NBHK) pulp worldwide. The company operates through two segments, Pulp and Solid Wood. It manufactures, sells, and distributes pulp, electricity, and chemicals through pulp mills. The company also manufactures, distributes, and sells lumber, cross-laminated timber, finger joint lumber, glue-laminated timber, wood pallets, electricity, biofuels, and wood residuals. In addition, it generates and sells green energy produced from biomass cogeneration power plant to third party. Further, it produces and sells NBSK pulp manufactured from softwood; green energy using carbon-neutral biofuels, such as black liquor and wood waste; tall oil from black liquor for use as a chemical additive and green energy source; bio extractives and biomaterials, including lignin, turpentine, cellulose filaments, and sandalwood oil; and biofuels; as well as provides transportation and logistics services. The company sells its pulp to pulp markets, integrated paper and paperboard manufacturers; and lumber products to distributors, construction firms, secondary manufacturers, retail yards, and home centers. Mercer International Inc. was founded in 1968 and is headquartered in Vancouver, Canada.