Mercer International will announce Q4 2024 results on February 20, 2025, with a conference call on February 21.
Quiver AI Summary
Mercer International (NASDAQ: MERC) announced that it will release its fourth quarter results for the period ending December 31, 2024, on February 20, 2025, after market close. Following the announcement, a conference call will be held on February 21, 2025, at 10:00 am ET, hosted by President and CEO Juan Carlos Bueno and CFO Richard Short. Interested participants can access the call via a webcast link provided in the release, with a replay available afterwards on the company's website. To join the live call, participants must register beforehand to receive dialing instructions. Mercer International is a global forest products firm operating mainly in Germany, the U.S., and Canada, with a significant production capacity across various wood and biofuels products.
Potential Positives
- Announcement of Q4 earnings release date may signal financial transparency and accountability to investors.
- Hosting a conference call to discuss results indicates commitment to investor communication and engagement.
- Details regarding production capacity highlight the company's strong position in the forest products industry.
Potential Negatives
- There is no financial performance update or preliminary results provided, which may raise concerns about the company's transparency and investor confidence ahead of the earnings announcement.
FAQ
When will Mercer International release its fourth quarter results?
Mercer International will release its fourth quarter results on February 20, 2025, after the market close.
Who will host the conference call about the results?
Juan Carlos Bueno, President and CEO, and Richard Short, CFO, will host the conference call.
How can I access the conference call webcast?
The conference call can be accessed via this link: https://edge.media-server.com/mmc/p/88s2i4a9 or through the Investor Relations section of the website.
Is there a way to join the call and ask questions?
Yes, participants can register online to join the call and ask questions using the provided registration link.
Will there be a replay of the webcast available?
Yes, a replay of the webcast will be archived and accessible on the company's website after the live event.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MERC Insider Trading Activity
$MERC insiders have traded $MERC stock on the open market 8 times in the past 6 months. Of those trades, 6 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $MERC stock by insiders over the last 6 months:
- ERIC XAVIER HEINE (Vice President) has made 0 purchases and 2 sales selling 26,910 shares for an estimated $167,612.
- WOLFGANG BECK (Senior VP, Global Product) purchased 18,500 shares for an estimated $111,369
- RAINER RETTIG has made 2 purchases buying 9,000 shares for an estimated $55,599 and 0 sales.
- ESTRADA JUAN CARLOS BUENO (CEO & President) purchased 7,800 shares for an estimated $51,480
- RICHARD GEORGE SHORT (CFO and SECRETARY) purchased 6,000 shares for an estimated $34,200
- JANINE NORTH purchased 2,000 shares for an estimated $12,080
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MERC Hedge Fund Activity
We have seen 72 institutional investors add shares of $MERC stock to their portfolio, and 76 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. removed 3,633,445 shares (-76.9%) from their portfolio in Q3 2024, for an estimated $24,598,422
- MILLENNIUM MANAGEMENT LLC added 2,285,758 shares (+2990.6%) to their portfolio in Q3 2024, for an estimated $15,474,581
- STATE STREET CORP removed 668,127 shares (-71.1%) from their portfolio in Q3 2024, for an estimated $4,523,219
- JANE STREET GROUP, LLC added 639,826 shares (+1309.5%) to their portfolio in Q3 2024, for an estimated $4,331,622
- VANGUARD GROUP INC removed 557,819 shares (-38.7%) from their portfolio in Q3 2024, for an estimated $3,776,434
- OPPENHEIMER & CO INC removed 538,361 shares (-91.9%) from their portfolio in Q3 2024, for an estimated $3,644,703
- INVESCO LTD. removed 523,712 shares (-71.3%) from their portfolio in Q3 2024, for an estimated $3,545,530
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its fourth quarter results for the period ending December 31, 2024 on Thursday, February 20, 2025, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and Richard Short, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, February 21, 2025, at 10:00 am ET to discuss the results.
The conference call will be available to interested parties live over the Internet through a webcast by clicking on or copying and pasting the following link into their web browser: https://edge.media-server.com/mmc/p/88s2i4a9
A link to the webcast is also available on the Investor Relations section of the company’s webpage. For those unable to participate in the live webcast, a replay of the webcast will be archived and accessible through the same link on the Company's website at https://mercerint.com/investors/events-calendar/ .
Audio Access
To join the live call and ask a question, a participant must register by either desktop or mobile using the following URL:
https://register.vevent.com/register/BI75d8fe43f6124501b902f9995b36fc8c
Once registered, participants will receive a dial-in number and unique PIN number to access the call or can select the dial-out “Call Me” option to connect their phone instantly. Participants are advised to go to the website at least 15 minutes prior to the call to register.
Mercer International Inc. is a global forest products company with operations in Germany, the United States and Canada with consolidated annual production capacity of 2.1 million tonnes of pulp, 960 million board feet of lumber, 210,000 cubic meters of cross-laminated timber, 45,000 cubic meters of glulam, 17 million pallets and 230,000 metric tonnes of biofuels. For further information, please visit www.mercerint.com .
| APPROVED BY: |
Juan Carlos Bueno
President & CEO 604-684-1099 |
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Richard Short, CPA, CA
CFO & Secretary 604-684-1099 |
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