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MarketScreener Homepage  >  Equities  >  Nyse  >  Verso Corporation    VRS

VERSO CORPORATION

(VRS)
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Verso : Announces Third Quarter 2019 Earnings Conference Call and Webcast

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11/06/2019 | 10:05am EST

MIAMISBURG, Ohio, Nov. 6, 2019/PRNewswire / -- Verso Corporation (NYSE: VRS) today announced that it will host a conference call and webcast for analysts and investors on Tuesday, November 12, 2019at 9 a.m. (EST)to discuss third quarter 2019 financial results.

Analysts and investors may access the live conference call only by dialing 888-317-6003 (U.S. toll-free), 866-284-3684 (Canadatoll-free) or 412-317-6061 (international) and referencing elite entry number 8454233 and Verso Corporation. To register, please dial in 10 minutes before the conference call begins. The news release and third quarter 2019 results will be available on Verso's website at http://investor.versoco.com by navigating to the Financial Information page.

Analysts and investors may also access the live conference call and webcast by clicking on the event link https://www.webcaster4.com/Webcast/Page/1524/32166 or by visiting Verso's website at http://investor.versoco.com and navigating to the Events page. Please go to this link at least one hour before the call and follow the instructions to register, download and install any necessary audio/video software.

A telephonic replay of the call can be accessed at 877-344-7529 (U.S. toll-free), 855-669-9658 (Canadatoll-free) or 412-317-0088 (international), access code 10136569. The replay will be available starting at 11 a.m. (EST) Tuesday, November 12, 2019, and will remain available until December 12, 2019. An archive of the conference call and webcast will be available at http://investor.versoco.com starting at 11 a.m. (EST) Tuesday, November 12, 2019, and will remain available for 120 days.

About Verso

Verso Corporation is the turn-to company for those looking to successfully navigate the complexities of paper sourcing and performance. A leading North American producer of specialty and graphic papers, packaging and pulp, Verso provides insightful solutions that help drive improved customer efficiency, productivity, brand awareness and business results. Verso's long-standing reputation for quality and reliability is directly tied to our vision to be a company with passion that is respected and trusted by all. Verso's passion is rooted in ethical business practices that demand safe workplaces for our employees and sustainable wood sourcing for our products. This passion, combined with our flexible manufacturing capabilities and an unmatched commitment to product performance, delivery and service, make Verso a preferred choice among commercial printers, paper merchants and brokers, converters, publishers and other end users. For more information, visit us online at versoco.com.

Forward-Looking Statements

In this press release, all statements that are not purely historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements may be identified by the words 'believe,' 'expect,' 'anticipate,' 'project,' 'plan,' 'estimate,' 'intend,' 'potential' and other similar expressions. Forward-looking statements are based on currently available business, economic, financial, and other information and reflect management's current beliefs, expectations, and views with respect to future developments and their potential effects on Verso. Actual results could vary materially depending on risks and uncertainties that may affect Verso and its business. Verso's actual actions and results may differ materially from what is expressed or implied by these statements due to a variety of factors, including those risks and uncertainties listed from time to time in Verso's filings with the Securities and Exchange Commission. Verso assumes no obligation to update any forward-looking statement made in this press release to reflect subsequent events or circumstances or actual outcomes.

SOURCE Verso Corporation

For further information: Media contact: Kathi Rowzie, Vice President, Communications and Public Affairs, (937) 528-3700, kathi.rowzie@versoco.com; Investor contact: investor.relations@versoco.com, (937) 528-3220

Disclaimer

Verso Corporation published this content on 06 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 November 2019 15:04:06 UTC

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Financials (USD)
Sales 2019 2 462 M
EBIT 2019 -11,2 M
Net income 2019 -11,2 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 -55,0x
P/E ratio 2020 8,40x
Capi. / Sales2019 0,27x
Capi. / Sales2020 0,36x
Capitalization 653 M
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Technical analysis trends VERSO CORPORATION
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TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 3
Average target price 30,67  $
Last Close Price 18,82  $
Spread / Highest target 166%
Spread / Average Target 62,9%
Spread / Lowest Target -4,36%
EPS Revisions
Managers
NameTitle
Adam St. John Chief Executive Officer & Director
Michael A. Weinhold President
Alan Jeffrey Carr Co-Chairman
Eugene Irwin Davis Co-Chairman
Allen James Campbell Chief Financial Officer & Senior Vice President
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