Domtar Q3 Profit Surges - Quick Facts

Domtar Corp (UFS, UFS.TO) reported net earnings of US$183 million or US$4.24 per share for the third quarter, compared to US$43 million or US$1.00 per share for the third quarter of 2008.

Excluding items, the Company earned US$57 million or US$1.32 per share, compared to US$51 million or US$1.19 per share for the third quarter of 2008.

On average, 14 analysts polled by Thomson Reuters expected the company to report earnings of US$0.29 per share. Analysts' estimates typically exclude special items.

Sales amounted to US$1.44 billion, compared to US$1.63 billion in the same quarter last year. Six analysts estimated revenues of US$1.34 billion.

by RTTNews Staff Writer

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