Supremex Inc T.SXP

Alternate Symbol(s): SUMXF

Forest Products Paper & Paper Products

Supremex Inc. is a Canada-based company, which manufactures and markets envelopes and provides paper-based packaging solutions designed to the specifications of national and multinational corporations, direct mailers, resellers, government entities, small-medium enterprises (SMEs) and solutions providers. The Company operates in two reporting segments: the manufacturing and sale of envelopes and the manufacturing and sale of paper-based packaging solutions and specialty products. It also manufactures and distributes a diverse range of packaging and specialty products, including folding carton packaging and e-Commerce fulfillment packaging solutions. Other packaging and specialty products include the Conformer Products, labels, record sleeves and jackets, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates over ten manufacturing facilities across four provinces in Canada and five manufacturing facilities in three states in the United States.

TSX:SXP - Post by User

Supremex Inc > Beat the earnings expectation by 50%

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Comment by HermannHalleron Feb 24, 2022 7:31pm

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Post# 34460079

RE:Beat the earnings expectation by 50%

The adjusted EPS for the quarter was $0.24. This backs out the asset impairment charge. So double the analyst's forecast. Hopefully more analysts will pick up coverage soon.

With a current annual earnings rate of $0.96, and a stock price today of $3.66, the stock is trading at less than 4 P/E. That's very cheap, particularly for a growing company with low debt.

prophetoffacts wrote:
According to Yahoo! the analyst covering SXP expected:

$55.6 million in Q4 revenue. SXP delivered $66.2 for a 19% beat.

$.12 per share profit was expected and SXP delivered $.18 for a 50% beat.