This story originally appeared on Zacks
In the latest trading session, Verso (VRS) closed at $26.92, marking a -0.37% move from the previous day. This change lagged the S&P 500’s daily gain of 0.64%. Elsewhere, the Dow gained 0.68%, while the tech-heavy Nasdaq added 0.46%.
Coming into today, shares of the company had gained 28.48% in the past month. In that same time, the Basic Materials sector gained 6.43%, while the S&P 500 gained 4.56%.
Investors will be hoping for strength from Verso as it approaches its next earnings release. On that day, Verso is projected to report earnings of $0.94 per share, which would represent year-over-year growth of 151.09%. Our most recent consensus estimate is calling for quarterly revenue of $336.57 million, up 7.19% from the year-ago period.
Investors might also notice recent changes to analyst estimates for Verso….