Supremex (SXP) Announces Quarterly Earnings Results

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Supremex (TSE:SXP) released its earnings results on Friday. The company reported C$0.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.10 by C($0.03), reports. The business had revenue of C$45.20 million for the quarter.

Shares of TSE:SXP traded down C$0.35 during midday trading on Friday, hitting C$2.77. 127,300 shares of the company’s stock traded hands, compared to its average volume of 36,270. The company has a debt-to-equity ratio of 60.31, a quick ratio of 1.23 and a current ratio of 2.43. Supremex has a twelve month low of C$2.73 and a twelve month high of C$4.83.

Separately, Industrial Alliance Securities lowered their target price on shares of Supremex from C$5.25 to C$4.50 in a research note on Tuesday, October 9th.

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Supremex Company Profile

Supremex Inc manufactures and sells envelopes, and packaging and specialty products in North America. It offers translucent, custom, stock, digital window, EnviroSafe, and self-seal envelopes. The company also provides packaging products, such as auto boxes, Tear Resistant Xtreme-Lite mailers, board mailers, poly mailers, and Enviro-logiX bubble and flat mailers, as well as Conformer corrugate mailers, presentation folders, heavy duty mailers, and paperboard mailers.

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Earnings History for Supremex (TSE:SXP)

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