Suzano S.A. Reports Third Quarter GAAP EPS of $1.70 and Revenue of $16.52 Million

Suzano S.A. (SUZ) has released its financial results for the third quarter, reporting a GAAP Earnings Per Share (EPS) of $1.70. The company's total revenue for the period reached $16.52 million. Market analysts from Bank of America have recently upgraded the stock, suggesting that the pulp market is approaching a cyclical bottom. While hardwood price improvements appear somewhat capped, there is significant investor interest regarding potential upside if global pulp prices normalize.

By Urvi Shah, SA News Editor · Seeking Alpha ·

Suzano S.A. Reports Third Quarter GAAP EPS of $1.70 and Revenue of $16.52 Million

Tickers: $SUZ

Topics: earnings report financial results pulp prices

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