Stora Enso Q2 Adj. EPS $0.04 Down From $0.06 YoY, Sales $2.817B Up From $2.751B YoY
Stora Enso (OTC:SEOAY) reported quarterly earnings of $0.04 per share. This is a 33.33 percent decrease over earnings of $0.06 per share from the same period last year. The company reported $2.817 billion in sales this
Stora Enso sold more stuff this quarter, but made less profit on each dollar. When a company's sales grow but earnings shrink, it means costs went up or prices came down—so watch whether they can get back to making more profit per sale.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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