Edition:
United States

Resolute Forest Products Inc (RFP)

RFP on New York Consolidated

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18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Resolute Forest Products preliminary Q2 GAAP net loss $74 mln
Thursday, 3 Aug 2017 07:30am EDT 

Aug 3 (Reuters) - Resolute Forest Products Inc :Resolute reports preliminary second quarter 2017 results.Resolute Forest Products Inc - Q2 GAAP net loss of $74 million or $0.82 per share.Resolute Forest Products Inc sees Q2 adjusted earnings per share $0.03.Resolute Forest Products Inc - incurred $60 million of non-cash impairment charges in Q2.  Full Article

Resolute Forest Products Q1 loss per share $0.33 excluding items
Thursday, 4 May 2017 07:30am EDT 

May 4 (Reuters) - Resolute Forest Products Inc :Resolute reports preliminary first quarter 2017 results.Q1 loss per share $0.52.Q1 sales fell 1 percent to $872 million.Q1 earnings per share view $0.08 -- Thomson Reuters I/B/E/S.Q1 loss per share $0.33 excluding items.Resolute forest - continued to face strong headwinds in paper businesses this quarter; pulp, tissue and wood products recorded stronger results than in q4.Resolute forest products inc - expect to gradually increase relative contribution of pulp, tissue and lumber segments to overall results.Resolute forest products inc - believe that upward trends in pulp pricing will continue until at least mid-year, and possibly into second half.Resolute forest products inc - in wood products segment, anticipate short-term volatility in market caused by u.s. Trade barriers.Resolute forest products inc - in wood products, expect steady increases in housing starts for foreseeable future.Resolute forest - "believe that central canadian forestry regimes are market-based and we should expect nothing less than unencumbered and free access to u.s. Lumber market".Resolute forest - achievements in quarter were overshadowed by imposition of countervailing duties on co's softwood lumber exports from canada to united states.  Full Article

Resolute Forest Products reports Q4 loss per share $0.50
Thursday, 2 Feb 2017 07:30am EST 

Resolute Forest Products Inc : Resolute reports preliminary fourth quarter and 2016 results . Q4 loss per share $0.50 . Q4 sales $889 million . Q4 loss per share $0.03 excluding items . Q4 earnings per share view $0.09 -- Thomson Reuters I/B/E/S . Says wood products finished goods inventory increased slightly, by 3 million board feet, or 2%, to 124 million board feet in quarter . Says following review of recycled newsprint assets during Q4, recorded impairment and other associated charges of $27 million . Says "In market pulp, market conditions appear more favorable over next two quarters given recent price increase announcements" . Says for market pulp segment, anticipate latter part of 2017 to be more challenging .Says for 2017, capital expenditures will be lowered.  Full Article

Resolute Forest Products says gave notice to Quebec pension plan regulatory authorities to exit Quebec funding relief regulation with effect as of Dec 31, 2016
Tuesday, 20 Dec 2016 06:15am EST 

Resolute Forest Products Inc : SPPA provides for funding pension fund deficits on a going concern basis, rather than on a solvency basis . Resolute Forest Products says gave notice to Quebec pension plan regulatory authorities to exit Quebec funding relief regulation with effect as of Dec 31, 2016 .Resolute Forest Products says beginning on Jan 1, 2017, co's pension plans in Quebec to be subject to Quebec's supplemental pension plans act, as amended.  Full Article

Resolute Forest Products reports preliminary Q2 adjusted EPS $0.07
Thursday, 4 Aug 2016 07:30am EDT 

Resolute Forest Products Inc : Q2 gaap loss per share $0.47 . Q2 earnings per share view $0.02 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.07 excluding items . Q2 sales fell 4 percent to $891 million . In paper segments, seeing structurally challenging market conditions .Tissue operations continued to underperform and remain a key focus for the year.  Full Article