View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsResolute Forest Products 과거 순이익 실적과거 기준 점검 4/6핵심 정보41.18%순이익 성장률44.77%주당순이익(EPS) 성장률Forestry 산업 성장률16.09%매출 성장률-0.25%자기자본이익률20.10%순이익률11.15%최근 순이익 업데이트30 Sep 2022최근 과거 실적 업데이트Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: US$1.12 (vs US$1.01 in 3Q 2021)Third quarter 2022 results: EPS: US$1.12 (up from US$1.01 in 3Q 2021). Revenue: US$974.0m (up 19% from 3Q 2021). Net income: US$87.0m (up 8.7% from 3Q 2021). Profit margin: 8.9% (in line with 3Q 2021). Revenue is forecast to decline by 5.4% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 83% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$3.30 (vs US$3.37 in 2Q 2021)Second quarter 2022 results: EPS: US$3.30 (down from US$3.37 in 2Q 2021). Revenue: US$1.06b (down 7.2% from 2Q 2021). Net income: US$256.0m (down 4.5% from 2Q 2021). Profit margin: 24% (in line with 2Q 2021). Over the next year, revenue is expected to shrink by 4.2% compared to a 5.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 06First quarter 2022 earnings released: EPS: US$2.71 (vs US$1.07 in 1Q 2021)First quarter 2022 results: EPS: US$2.71 (up from US$1.07 in 1Q 2021). Revenue: US$945.0m (up 8.2% from 1Q 2021). Net income: US$210.0m (up 141% from 1Q 2021). Profit margin: 22% (up from 10.0% in 1Q 2021). Over the next year, revenue is expected to shrink by 5.6% compared to a 6.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS US$1.01 (vs US$0.66 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$817.0m (up 12% from 3Q 2020). Net income: US$80.0m (up 40% from 3Q 2020). Profit margin: 9.8% (up from 7.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS US$3.37 (vs US$0.068 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$1.14b (up 86% from 2Q 2020). Net income: US$268.0m (up US$262.0m from 2Q 2020). Profit margin: 24% (up from 1.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • May 01First quarter 2021 earnings released: EPS US$1.07 (vs US$0.011 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$873.0m (up 27% from 1Q 2020). Net income: US$87.0m (up US$88.0m from 1Q 2020). Profit margin: 10.0% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.모든 업데이트 보기Recent updatesRecent Insider Transactions • Dec 21President of Tissue Group recently sold €941k worth of stockOn the 15th of December, Patrice Minguez sold around 48k shares on-market at roughly €19.76 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months.Recent Insider Transactions • Dec 09Insider recently sold €329k worth of stockOn the 2nd of December, John Lafave sold around 16k shares on-market at roughly €20.12 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months.Recent Insider Transactions • Dec 02President of Wood Products Division recently sold €99k worth of stockOn the 28th of November, Hugues Simon sold around 5k shares on-market at roughly €20.39 per share. This transaction amounted to 89% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €348k more than they bought in the last 12 months.Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: US$1.12 (vs US$1.01 in 3Q 2021)Third quarter 2022 results: EPS: US$1.12 (up from US$1.01 in 3Q 2021). Revenue: US$974.0m (up 19% from 3Q 2021). Net income: US$87.0m (up 8.7% from 3Q 2021). Profit margin: 8.9% (in line with 3Q 2021). Revenue is forecast to decline by 5.4% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 83% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$3.30 (vs US$3.37 in 2Q 2021)Second quarter 2022 results: EPS: US$3.30 (down from US$3.37 in 2Q 2021). Revenue: US$1.06b (down 7.2% from 2Q 2021). Net income: US$256.0m (down 4.5% from 2Q 2021). Profit margin: 24% (in line with 2Q 2021). Over the next year, revenue is expected to shrink by 4.2% compared to a 5.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to €14.04, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 8x in the Forestry industry in Europe. Total returns to shareholders of 147% over the past three years.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to €15.51, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 9x in the Forestry industry in Europe. Total returns to shareholders of 215% over the past three years.Reported Earnings • May 06First quarter 2022 earnings released: EPS: US$2.71 (vs US$1.07 in 1Q 2021)First quarter 2022 results: EPS: US$2.71 (up from US$1.07 in 1Q 2021). Revenue: US$945.0m (up 8.2% from 1Q 2021). Net income: US$210.0m (up 141% from 1Q 2021). Profit margin: 22% (up from 10.0% in 1Q 2021). Over the next year, revenue is expected to shrink by 5.6% compared to a 6.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to €13.27, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 112% over the past three years.Recent Insider Transactions • Mar 16Insider recently sold €102k worth of stockOn the 15th of March, John Lafave sold around 8k shares on-market at roughly €12.59 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €92k more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to €12.30, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 76% over the past three years.Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS US$1.01 (vs US$0.66 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$817.0m (up 12% from 3Q 2020). Net income: US$80.0m (up 40% from 3Q 2020). Profit margin: 9.8% (up from 7.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 19% share price gain to €12.40, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 13x in the Forestry industry in Europe. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.31 per share.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improved over the past weekAfter last week's 18% share price gain to €10.30, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 14x in the Forestry industry in Europe. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.78 per share.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improved over the past weekAfter last week's 18% share price gain to €10.30, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 14x in the Forestry industry in Europe. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.78 per share.Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS US$3.37 (vs US$0.068 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$1.14b (up 86% from 2Q 2020). Net income: US$268.0m (up US$262.0m from 2Q 2020). Profit margin: 24% (up from 1.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Recent Insider Transactions • Jun 18Insider recently sold €56k worth of stockOn the 16th of June, Daniel Ouellet sold around 5k shares on-market at roughly €11.15 per share. In the last 3 months, there was an even bigger sale from another insider worth €107k. Insiders have been net sellers, collectively disposing of €1.4m more than they bought in the last 12 months.Upcoming Dividend • Jun 18Inaugural dividend of US$1.00 per shareEligible shareholders must have bought the stock before 25 June 2021. Payment date: 07 July 2021. This is the first dividend for Resolute Forest Products since going public. The average dividend yield among industry peers is 2.8%.Valuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to US$12.00, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 16x in the Forestry industry in Europe. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.54 per share.Recent Insider Transactions • May 12Senior VP of Corporate Affairs recently sold €107k worth of stockOn the 7th of May, Jacques Vachon sold around 8k shares on-market at roughly €13.16 per share. In the last 3 months, there was an even bigger sale from another insider worth €199k. Insiders have been net sellers, collectively disposing of €1.3m more than they bought in the last 12 months.Reported Earnings • May 01First quarter 2021 earnings released: EPS US$1.07 (vs US$0.011 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$873.0m (up 27% from 1Q 2020). Net income: US$87.0m (up US$88.0m from 1Q 2020). Profit margin: 10.0% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Reported Earnings • Mar 04Full year 2020 earnings released: EPS US$0.12 (vs US$0.51 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$2.80b (down 4.2% from FY 2019). Net income: US$10.0m (up US$57.0m from FY 2019). Profit margin: 0.4% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Mar 04Revenue beats expectationsRevenue exceeded analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 13%, compared to a 1.5% growth forecast for the Forestry industry in Germany.Executive Departure • Mar 03Chief Accounting Officer & VP has left the companyOn the 2nd of March, Hugues Dorban's tenure as Chief Accounting Officer & VP ended after 3.5 years in the role. We don't have any record of a personal shareholding under Hugues' name. A total of 3 executives have left over the last 12 months.Executive Departure • Mar 03President, CEO & Director Yves Laflamme has left the companyOn the 1st of March, Yves Laflamme's tenure as President, CEO & Director of the company ended after 3.1 years in the role. As of December 2020, Yves personally held 567.01k shares (€3.0m worth at the time). A total of 3 executives have left over the last 12 months. Under Yves' leadership, the company delivered a total shareholder return of 38%.Recent Insider Transactions • Feb 14Senior VP of Corporate Affairs recently sold €143k worth of stockOn the 10th of February, Jacques Vachon sold around 20k shares on-market at roughly €7.34 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €647k more than they bought in the last 12 months.Reported Earnings • Feb 06Full year 2020 earnings released: EPS US$0.12 (vs US$0.51 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$2.80b (down 4.2% from FY 2019). Net income: US$10.0m (up US$57.0m from FY 2019). Profit margin: 0.4% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Feb 06Revenue beats expectationsRevenue exceeded analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 10% while theForestry industry in Germany is not expected to grow.Is New 90 Day High Low • Feb 03New 90-day high: €7.15The company is up 69% from its price of €4.22 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.02 per share.Is New 90 Day High Low • Jan 05New 90-day high: €5.50The company is up 31% from its price of €4.20 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.22 per share.Is New 90 Day High Low • Dec 12New 90-day high: €5.30The company is up 27% from its price of €4.18 on 11 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.20 per share.Recent Insider Transactions • Dec 05Insider recently sold €69k worth of stockOn the 2nd of December, Richard Tremblay sold around 15k shares on-market at roughly €4.60 per share. In the last 3 months, there was an even bigger sale from another insider worth €94k. Insiders have been net sellers, collectively disposing of €442k more than they bought in the last 12 months.Recent Insider Transactions • Nov 20Insider recently sold €65k worth of stockOn the 16th of November, Richard Tremblay sold around 15k shares on-market at roughly €4.28 per share. In the last 3 months, there was an even bigger sale from another insider worth €82k. Insiders have been net sellers, collectively disposing of €279k more than they bought in the last 12 months.Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS US$0.66The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$730.0m (up 3.5% from 3Q 2019). Net income: US$57.0m (up US$100.0m from 3Q 2019). Profit margin: 7.8% (up from net loss in 3Q 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.Analyst Estimate Surprise Post Earnings • Nov 07Revenue misses expectationsRevenue missed analyst estimates by 8.1%. Over the next year, revenue is forecast to grow 7.8% compared to a 1.6% decline forecast for the Forestry industry in Germany.Is New 90 Day High Low • Nov 06New 90-day high: €4.64The company is up 76% from its price of €2.64 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 10.0% over the same period.Is New 90 Day High Low • Oct 08New 90-day high: €4.36The company is up 112% from its price of €2.06 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.33 per share.매출 및 비용 세부 내역Resolute Forest Products가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:7AB1 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비30 Sep 223,811425579030 Jun 223,654418534031 Mar 223,736430512031 Dec 213,664307514030 Sep 213,599383499030 Jun 213,512360495031 Mar 212,98498477031 Dec 202,80010480030 Sep 202,699-9486030 Jun 202,674-109495031 Mar 202,817-90521031 Dec 192,923-47525030 Sep 193,18760557030 Jun 193,456220590031 Mar 193,677267618031 Dec 183,756235640030 Sep 183,722212640030 Jun 183,633119636031 Mar 183,515-27616031 Dec 173,513-84612030 Sep 173,504-142593030 Jun 173,507-152586031 Mar 173,540-120591031 Dec 163,545-81595030 Sep 163,550-250600030 Jun 163,567-270605031 Mar 163,602-2326130양질의 수익: 7AB1는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 7AB1의 현재 순 이익률 (11.2%)은 지난해 (10.6%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 7AB1는 지난 5년 동안 흑자전환하며 연평균 41.2%의 수익 성장을 기록했습니다.성장 가속화: 지난 1년간 7AB1 의 수익 증가율(11%)은 5년 평균(연간 41.2%)보다 낮습니다.수익 대 산업: 7AB1의 지난 1년 수익 증가율(11%)은 Forestry 업계 평균(-24%)을 능가하지 못했습니다.자기자본이익률높은 ROE: 7AB1의 자본 수익률(20.1%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/03/02 03:46종가2023/02/28 00:00수익2022/09/30연간 수익2021/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Resolute Forest Products Inc.는 12명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Peter RuschmeierBarclaysStephen AtkinsonBMO Capital Markets Equity ResearchJason AlperBTIG9명의 분석가 더 보기
Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: US$1.12 (vs US$1.01 in 3Q 2021)Third quarter 2022 results: EPS: US$1.12 (up from US$1.01 in 3Q 2021). Revenue: US$974.0m (up 19% from 3Q 2021). Net income: US$87.0m (up 8.7% from 3Q 2021). Profit margin: 8.9% (in line with 3Q 2021). Revenue is forecast to decline by 5.4% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 83% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$3.30 (vs US$3.37 in 2Q 2021)Second quarter 2022 results: EPS: US$3.30 (down from US$3.37 in 2Q 2021). Revenue: US$1.06b (down 7.2% from 2Q 2021). Net income: US$256.0m (down 4.5% from 2Q 2021). Profit margin: 24% (in line with 2Q 2021). Over the next year, revenue is expected to shrink by 4.2% compared to a 5.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 06First quarter 2022 earnings released: EPS: US$2.71 (vs US$1.07 in 1Q 2021)First quarter 2022 results: EPS: US$2.71 (up from US$1.07 in 1Q 2021). Revenue: US$945.0m (up 8.2% from 1Q 2021). Net income: US$210.0m (up 141% from 1Q 2021). Profit margin: 22% (up from 10.0% in 1Q 2021). Over the next year, revenue is expected to shrink by 5.6% compared to a 6.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS US$1.01 (vs US$0.66 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$817.0m (up 12% from 3Q 2020). Net income: US$80.0m (up 40% from 3Q 2020). Profit margin: 9.8% (up from 7.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS US$3.37 (vs US$0.068 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$1.14b (up 86% from 2Q 2020). Net income: US$268.0m (up US$262.0m from 2Q 2020). Profit margin: 24% (up from 1.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 01First quarter 2021 earnings released: EPS US$1.07 (vs US$0.011 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$873.0m (up 27% from 1Q 2020). Net income: US$87.0m (up US$88.0m from 1Q 2020). Profit margin: 10.0% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Dec 21President of Tissue Group recently sold €941k worth of stockOn the 15th of December, Patrice Minguez sold around 48k shares on-market at roughly €19.76 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months.
Recent Insider Transactions • Dec 09Insider recently sold €329k worth of stockOn the 2nd of December, John Lafave sold around 16k shares on-market at roughly €20.12 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months.
Recent Insider Transactions • Dec 02President of Wood Products Division recently sold €99k worth of stockOn the 28th of November, Hugues Simon sold around 5k shares on-market at roughly €20.39 per share. This transaction amounted to 89% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €348k more than they bought in the last 12 months.
Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: US$1.12 (vs US$1.01 in 3Q 2021)Third quarter 2022 results: EPS: US$1.12 (up from US$1.01 in 3Q 2021). Revenue: US$974.0m (up 19% from 3Q 2021). Net income: US$87.0m (up 8.7% from 3Q 2021). Profit margin: 8.9% (in line with 3Q 2021). Revenue is forecast to decline by 5.4% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 83% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$3.30 (vs US$3.37 in 2Q 2021)Second quarter 2022 results: EPS: US$3.30 (down from US$3.37 in 2Q 2021). Revenue: US$1.06b (down 7.2% from 2Q 2021). Net income: US$256.0m (down 4.5% from 2Q 2021). Profit margin: 24% (in line with 2Q 2021). Over the next year, revenue is expected to shrink by 4.2% compared to a 5.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to €14.04, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 8x in the Forestry industry in Europe. Total returns to shareholders of 147% over the past three years.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to €15.51, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 9x in the Forestry industry in Europe. Total returns to shareholders of 215% over the past three years.
Reported Earnings • May 06First quarter 2022 earnings released: EPS: US$2.71 (vs US$1.07 in 1Q 2021)First quarter 2022 results: EPS: US$2.71 (up from US$1.07 in 1Q 2021). Revenue: US$945.0m (up 8.2% from 1Q 2021). Net income: US$210.0m (up 141% from 1Q 2021). Profit margin: 22% (up from 10.0% in 1Q 2021). Over the next year, revenue is expected to shrink by 5.6% compared to a 6.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to €13.27, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 112% over the past three years.
Recent Insider Transactions • Mar 16Insider recently sold €102k worth of stockOn the 15th of March, John Lafave sold around 8k shares on-market at roughly €12.59 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €92k more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to €12.30, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 76% over the past three years.
Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS US$1.01 (vs US$0.66 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$817.0m (up 12% from 3Q 2020). Net income: US$80.0m (up 40% from 3Q 2020). Profit margin: 9.8% (up from 7.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 19% share price gain to €12.40, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 13x in the Forestry industry in Europe. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.31 per share.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improved over the past weekAfter last week's 18% share price gain to €10.30, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 14x in the Forestry industry in Europe. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.78 per share.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improved over the past weekAfter last week's 18% share price gain to €10.30, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 14x in the Forestry industry in Europe. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.78 per share.
Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS US$3.37 (vs US$0.068 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$1.14b (up 86% from 2Q 2020). Net income: US$268.0m (up US$262.0m from 2Q 2020). Profit margin: 24% (up from 1.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Recent Insider Transactions • Jun 18Insider recently sold €56k worth of stockOn the 16th of June, Daniel Ouellet sold around 5k shares on-market at roughly €11.15 per share. In the last 3 months, there was an even bigger sale from another insider worth €107k. Insiders have been net sellers, collectively disposing of €1.4m more than they bought in the last 12 months.
Upcoming Dividend • Jun 18Inaugural dividend of US$1.00 per shareEligible shareholders must have bought the stock before 25 June 2021. Payment date: 07 July 2021. This is the first dividend for Resolute Forest Products since going public. The average dividend yield among industry peers is 2.8%.
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to US$12.00, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 16x in the Forestry industry in Europe. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.54 per share.
Recent Insider Transactions • May 12Senior VP of Corporate Affairs recently sold €107k worth of stockOn the 7th of May, Jacques Vachon sold around 8k shares on-market at roughly €13.16 per share. In the last 3 months, there was an even bigger sale from another insider worth €199k. Insiders have been net sellers, collectively disposing of €1.3m more than they bought in the last 12 months.
Reported Earnings • May 01First quarter 2021 earnings released: EPS US$1.07 (vs US$0.011 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$873.0m (up 27% from 1Q 2020). Net income: US$87.0m (up US$88.0m from 1Q 2020). Profit margin: 10.0% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 04Full year 2020 earnings released: EPS US$0.12 (vs US$0.51 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$2.80b (down 4.2% from FY 2019). Net income: US$10.0m (up US$57.0m from FY 2019). Profit margin: 0.4% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Mar 04Revenue beats expectationsRevenue exceeded analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 13%, compared to a 1.5% growth forecast for the Forestry industry in Germany.
Executive Departure • Mar 03Chief Accounting Officer & VP has left the companyOn the 2nd of March, Hugues Dorban's tenure as Chief Accounting Officer & VP ended after 3.5 years in the role. We don't have any record of a personal shareholding under Hugues' name. A total of 3 executives have left over the last 12 months.
Executive Departure • Mar 03President, CEO & Director Yves Laflamme has left the companyOn the 1st of March, Yves Laflamme's tenure as President, CEO & Director of the company ended after 3.1 years in the role. As of December 2020, Yves personally held 567.01k shares (€3.0m worth at the time). A total of 3 executives have left over the last 12 months. Under Yves' leadership, the company delivered a total shareholder return of 38%.
Recent Insider Transactions • Feb 14Senior VP of Corporate Affairs recently sold €143k worth of stockOn the 10th of February, Jacques Vachon sold around 20k shares on-market at roughly €7.34 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €647k more than they bought in the last 12 months.
Reported Earnings • Feb 06Full year 2020 earnings released: EPS US$0.12 (vs US$0.51 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$2.80b (down 4.2% from FY 2019). Net income: US$10.0m (up US$57.0m from FY 2019). Profit margin: 0.4% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Feb 06Revenue beats expectationsRevenue exceeded analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 10% while theForestry industry in Germany is not expected to grow.
Is New 90 Day High Low • Feb 03New 90-day high: €7.15The company is up 69% from its price of €4.22 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.02 per share.
Is New 90 Day High Low • Jan 05New 90-day high: €5.50The company is up 31% from its price of €4.20 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.22 per share.
Is New 90 Day High Low • Dec 12New 90-day high: €5.30The company is up 27% from its price of €4.18 on 11 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.20 per share.
Recent Insider Transactions • Dec 05Insider recently sold €69k worth of stockOn the 2nd of December, Richard Tremblay sold around 15k shares on-market at roughly €4.60 per share. In the last 3 months, there was an even bigger sale from another insider worth €94k. Insiders have been net sellers, collectively disposing of €442k more than they bought in the last 12 months.
Recent Insider Transactions • Nov 20Insider recently sold €65k worth of stockOn the 16th of November, Richard Tremblay sold around 15k shares on-market at roughly €4.28 per share. In the last 3 months, there was an even bigger sale from another insider worth €82k. Insiders have been net sellers, collectively disposing of €279k more than they bought in the last 12 months.
Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS US$0.66The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$730.0m (up 3.5% from 3Q 2019). Net income: US$57.0m (up US$100.0m from 3Q 2019). Profit margin: 7.8% (up from net loss in 3Q 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.
Analyst Estimate Surprise Post Earnings • Nov 07Revenue misses expectationsRevenue missed analyst estimates by 8.1%. Over the next year, revenue is forecast to grow 7.8% compared to a 1.6% decline forecast for the Forestry industry in Germany.
Is New 90 Day High Low • Nov 06New 90-day high: €4.64The company is up 76% from its price of €2.64 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 10.0% over the same period.
Is New 90 Day High Low • Oct 08New 90-day high: €4.36The company is up 112% from its price of €2.06 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.33 per share.