Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  KapStone Paper and Packaging Corp.    KS

Delayed Quote. Delayed  - 11/30 11:46:01 am
24.59 USD   -0.69%
10/28 KAPSTONE PAPER : tops 3Q profit forecasts
10/28 KAPSTONE PAPER : Reports Third Quarter Results
10/16 KAPSTONE PAPER : Analyst Price Target Update
News SummaryMost relevantAll newsSector news 
The feature you requested does not exist. However, we suggest the following feature:

KapStone Paper and Packaging : tops 3Q profit forecasts

10/28/2015 | 06:34pm US/Eastern

NORTHBROOK, Ill. (AP) _ KapStone Paper and Packaging Corp. (KS) on Wednesday reported third-quarter net income of $34.2 million.

The Northbrook, Illinois-based company said it had profit of 35 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 51 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.

The maker of paper container and packaging products posted revenue of $807.6 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $856.2 million.

KapStone shares have dropped 30 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $20.60, a fall of 29 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KS at http://www.zacks.com/ap/KS

Keywords: KapStone Paper, Earnings Report

Automated Insights, source Associated Press News

React to this article
10/28 KAPSTONE PAPER AND PACKAGING : tops 3Q profit forecasts
10/28 KAPSTONE PAPER AND PACKAGING : & PACKAGING CORP : Results of Operations and Fina..
10/28 KAPSTONE PAPER AND PACKAGING : Reports Third Quarter Results
10/22 KAPSTONE PAPER AND PACKAGING : & PACKAGING CORP : Change in Directors or Princip..
10/16 KAPSTONE PAPER AND PACKAGING : Analyst Price Target Update
10/12 KAPSTONE PAPER AND PACKAGING : To Release Third Quarter Earnings On Wednesday, O..
10/10 KAPSTONE PAPER AND PACKAGING : KS) Jumps 11.38% on October 09
09/28 KAPSTONE PAPER AND PACKAGING CORP. : ex-dividend day
09/08 KAPSTONE PAPER AND PACKAGING : Strike Ends at KapStone's Longview Mill
09/04 KAPSTONE PAPER AND PACKAGING : Longview Mill Restarts Its #11 Paper Machine
News chart
Full-screen chart
Income Statement Evolution
More Financials