Inactive Instrument

Resolute Forest Products Inc.

RFP

US76117W1099

Resolute Forest Products Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022

November 03, 2022 at 05:03 pm EDT

Resolute Forest Products Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 974 million compared to USD 817 million a year ago. Net income was USD 87 million compared to USD 80 million a year ago. Basic earnings per share from continuing operations was USD 1.12 compared to USD 1 a year ago. Diluted earnings per share from continuing operations was USD 1.11 compared to USD 0.99 a year ago.
For the nine months, sales was USD 2,977 million compared to USD 2,830 million a year ago. Net income was USD 553 million compared to USD 435 million a year ago. Basic earnings per share from continuing operations was USD 7.14 compared to USD 5.44 a year ago. Diluted earnings per share from continuing operations was USD 7.07 compared to USD 5.39 a year ago.

Latest news about Resolute Forest Products Inc.

Resolute Forest Products Brief: Completed Previously disclosed sale of Thunder Bay (Ontario) pulp and paper mill to Affiliate of Atlas Holdings, pursuant to Terms of Asset purchase agreement dated May 26, 2023	23-08-01	MT
Atlas Holdings LLC completed the acquisition of Thunder Bay Pulp and Paper Mill from Resolute Forest Products Inc.	23-07-31	CI
Resolute Forest Products Inc. Announces Ratification of Collective Agreement Covering Quebec Woodlands Operations	23-06-02	CI
Resolute Forest Products Agrees to Sell Thunder Bay Pulp, Paper Mill	23-05-30	MT
Resolute Forest Products Brief: Announcing Asset Purchase Agreement to Sell the Thunder Bay Pulp and Paper Mill	23-05-30	MT
Atlas Holdings LLC has entered into an asset purchase agreement to acquire Thunder Bay Pulp and Paper Mill from Resolute Forest Products Inc.	23-05-25	CI
Tranche Update on Resolute Forest Products Inc.'s Equity Buyback Plan announced on December 7, 2021.	23-04-21	CI
Resolute Forest Products Inc. Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-21	CI
Resolute Forest Products Inc.(NYSE:RFP) dropped from S&P Global BMI Index	23-03-01	CI
Resolute Forest Products Inc.(NYSE:RFP) dropped from S&P TMI Index	23-03-01	CI
Resolute Forest Products Inc.'s Equity Buyback announced on December 7, 2021, has expired.	23-02-28	CI
Domtar Corporation completed the acquisition of Resolute Forest Products Inc. from Fairfax Financial Holdings Limited, Chou Associates Management Inc., Dimensional Fund Advisors LP and others.	23-02-28	CI
Scotiabank Downgrades Resolute Forest Products to Sector Underperform From Sector Perform, Adjusts Price Target to $22.80 From $22.40	23-02-27	MT
Resolute Forest Products Meets All Requirements for Domtar Merger	23-02-24	MT
Resolute Forest Products Gains After All Regulatory Approvals for Sale to Domtar Secured; Deal Closure Expected Early March	23-02-24	MT
North American Morning Briefing : Nasdaq Futures -3-	23-02-23	DJ
North American Morning Briefing : Stocks Seen -3-	23-02-09	DJ
Deutsche Bank Notes Containerboard Stocks' Positive Reaction On Latest Quarterly Data	23-01-30	MT
Resolute Forest, Paper Excellence Merger Receives Canadian Competition Bureau Approval	22-12-29	MT
Resolute Forest Products Obtains Canadian Competition Approval for Domtar Merger	22-12-29	MT
Resolute Forest Products Brief: Resolute, Paper Excellence Merger Receives Canadian Competition Bureau Approval	22-12-28	MT
Insider Sell: Resolute Forest Products	22-12-19	MT
RBC Capital Markets Details North American Lumber Stats	22-12-19	MT
Insider Sell: Resolute Forest Products	22-12-06	MT
RBC Capital Markets Outlines Takeaways from Forest Products Conference	22-12-02	MT

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Company Profile

Resolute Forest Products Inc. operates in the forest products industry and offers a range of forest products, including market pulp, tissue, wood products and paper, which are marketed in over 60 countries. The Company operates through four segments: four business segments: market pulp, tissue, wood products and paper. Its market pulp includes virgin pulp and recycled bleached kraft (RBK) pulp. It manufactures a range of tissue products for the retail and away-from-home markets, including recycled and virgin paper products, covering premium, value and economy grades. Its specialty papers consist of uncoated mechanical papers, including supercalendered paper and white paper, as well as uncoated freesheet papers. It sells newsprint to newspaper publishers worldwide and also to commercial printers in North America for uses, such as inserts and flyers. It owns or operates approximately 40 facilities, as well as power generation assets in the United States and Canada.

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