Benzinga | Jul 30, 2020 08:26AM EDT

Resolute Forest Products Earlier Reported Q2 Adj. EPS $(0.25) Beats $(0.31) Estimate, Sales $612.00M Miss $628.00M Estimate

Resolute Forest Products (NYSE:RFP) reported quarterly losses of $(0.25) per share which beat the analyst consensus estimate of $(0.31) by 19.35 percent. This is a 308.33 percent decrease over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $612.00 million which missed the analyst consensus estimate of $628.00 million by 2.55 percent. This is a 18.94 percent decrease over sales of $755.00 million the same period last year.