Market Overview

Recap: Norbord Q1 Earnings

Share:

Shares of Norbord (NYSE:OSB) were unchanged in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 1400.00% over the past year to $0.26, which may not compare to the estimate of $1.06.

Revenue of $467,000,000 less by 1.89% from the same period last year, which missed the estimate of $556,140,000.

Guidance

Norbord hasn't issued any earnings guidance for the time being.

Norbord hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: May 06, 2020

Time: 10:05 PM ET

Webcast URL: https://produceredition.webcasts.com/starthere.jsp?ei=1303686&tp_key=e065376176

Technicals

Company's 52-week high was at $33.70

Company's 52-week low was at $8.92

Price action over last quarter: down 46.69%

Company Profile

Norbord is the largest global producer of oriented strand board, which is used as a structural panel for building applications. The majority of its mills are located throughout the United States, with additional capacity in Northern Europe.

 

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