Domtar shares up after paper company beats profit expectations

Story continues below advertisementExcluding a number of one-time items, Domtar says it earned $55 million or 89 cents per share in the quarter compared with a profit of $92 million or $1.46 per share in the same quarter a year earlier.

Analysts on average had expected a profit of 49 cents per share, according to financial markets data firm Refinitiv.Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to

globebusiness i think this is a very successful kitchener ont based company..

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World shares advance as earnings drive modest Wall Street gainsShares were higher in Europe on Thursday after most Asian markets advanced following meagre gains on Wall Street driven by a mixed set of company earnings.
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