Domtar Q4 Profit Rises - Quick Facts

(RTTNews) - Domtar Corp. (UFS, UFS.TO) reported fourth-quarter net earnings of $65 million or $2.00 per share, compared to $19 million or $0.54 per share, prior year. Excluding items, earnings were $68 million or $2.09 per share, for the quarter.

On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $1.53 for the quarter. Analysts' estimates typically exclude special items.

Sales were $1.36 billion, compared to $1.33 billion, prior year. Analysts expected revenue of $1.36 billion for the quarter.

John Williams, President and CEO, said, "Our solid results in the fourth quarter were mostly in line with our expectations in all of our businesses. Lower planned maintenance shutdowns and the continued momentum in pulp markets drove quarter over quarter earnings improvement."