Verso (NYSE:VRS) reported its Q4 earnings results on Monday, February 28, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Verso missed estimated earnings by 33.33%, reporting an EPS of $0.44 versus an estimate of $0.66.
Revenue was up $14.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.25 which was followed by a 1.7% increase in the share price the next day.
Here's a look at Verso's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.71 | -0.02 | -0.10 | -1.68 |
| EPS Actual | 1.96 | 0.47 | -2.71 | -2.67 |
| Revenue Estimate | 340.74M | 287.22M | 293.62M | 318.89M |
| Revenue Actual | 339.00M | 329.00M | 282.00M | 314.00M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
