Resolute Forest Products: Q1 Earnings Snapshot
April 29, 2021
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MONTREAL (AP) Resolute Forest Products Inc. (RFP) on Thursday reported first-quarter net income of $87 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Montreal-based company said it had profit of $1.06. Earnings, adjusted for non-recurring costs, came to $1.45 per share.
The maker of paper and wood products posted revenue of $873 million in the period.
Resolute Forest Products shares have more than doubled since the beginning of the year. The stock has increased sevenfold 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 RFP at https://www.zacks.com/ap/RFP