BWS Financial Research Analysts Cut Earnings Estimates for Verso Corporation (VRS)

BWS Financial Research Analysts Cut Earnings Estimates for Verso Corporation (VRS)

Verso Corporation (NYSE:VRS) – Research analysts at BWS Financial reduced their Q4 2016 EPS estimates for shares of Verso Corporation in a research note issued to investors on Tuesday. BWS Financial analyst H. Khorsand now anticipates that the brokerage will earn $0.38 per share for the quarter, down from their previous estimate of $0.38. BWS Financial also issued estimates for Verso Corporation’s Q3 2017 earnings at $0.66 EPS and FY2017 earnings at $1.99 EPS.

Separately, Zacks Investment Research upgraded Verso Corporation from a “strong sell” rating to a “hold” rating in a research note on Wednesday.

Shares of Verso Corporation (NYSE:VRS) traded down 0.71% during mid-day trading on Wednesday, hitting $7.00. The company had a trading volume of 277,513 shares. Verso Corporation has a 12 month low of $4.37 and a 12 month high of $12.00. The firm has a market capitalization of $240.73 million and a P/E ratio of 0.50. The firm has a 50-day moving average price of $6.53 and a 200 day moving average price of $7.06.

Verso Corporation Company Profile

Verso Corporation is a producer of coated papers, which are used in magazines, catalogs, advertising brochures and annual reports, among other media and marketing publications. The Company operates through two segments: paper and pulp. The Paper segment includes paper products, which are used in media and marketing applications, including catalogs, magazines, and commercial printing applications, such as advertising brochures, annual reports and direct-mail advertising.

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