Resolute Reports Preliminary Second Quarter 2018 Results

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Resolute Forest Products (RFP) Tops Q2 EPS by 5c, Revenues Miss

August 2, 2018 7:09 AM EDT

Resolute Forest Products (NYSE: RFP) reported Q2 EPS of $0.77, $0.05 better than the analyst estimate of $0.72. Revenue for the quarter came in at $976 million versus the consensus estimate of $982.5 million.

Q2 GAAP net income of $72 million or $0.77 per diluted share
Adjusted EBITDA of $172 million, up 59% from first quarter
Debt repayment of $105 million; liquidity at $517 million
Supercalendered paper cash duty deposits of $60 million to be... More