Domtar corporation reports preliminary third quarter 2019 financial results

Domtar corporation reports preliminary third quarter 2019 financial results.q3 earnings per share $0.32.q3 sales $1.3 billion versus refinitiv ibes estimate of $1.29 billion.q3 earnings per share $0.89 excluding items.q3 earnings per share estimate $0.49 -- refinitiv ibes data.results in paper improved with lower maintenance and raw material costs offsetting market related downtime costs.domtar - in pulp, downward price adjustments continued in but we are seeing increasing signs of improvement in supply & demand fundamentals.for q4, maintenance is expected to be higher while paper is expected to be negatively impacted in part by a seasonally unfavorable mix.anticipate some volatility in softwood and fluff pulp markets in q4.domtar - decrease in q3 operating income was due to lower selling prices in pulp, market-related downtime costs, espanola outage.
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