VRS

(EDGAR Online via COMTEX) -- Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations Overview We are a leading North...

Verso (NYSE:VRS) reported quarterly losses of $(2.67) per share which missed the analyst consensus estimate of $(1.68) by 58.93 percent. This is a 384.04 percent decrease over earnings of $0.94 per share from the same

Shares of Verso (NYSE:VRS) moved higher by 0.2% in pre-market trading after the company reported Q3 results.Quarterly Results Earnings per share decreased 208.24% year over year to ($0.92), which missed the estimate of ($0.10).Revenue of $306,000,000 decreased by 50.32% from the same period last year, which beat the estimate of $300,870,000.Outlook Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: Nov 09, 2020View more earnings on VRSTime: 09:00 AMET Webcast URL: https://www.webcaster4.com/Webcast/Page/1524/38436Recent Stock Performance Company's 52-week high was at $19.4952-week low: $7.36Price action over last quarter: down 31.94%Company Overview Verso Corp is a North American producer of printing papers, specialty papers, and pulp. The company produces a wide range of paper products, including coated freesheet, coated groundwood, coated digital, inkjet, supercalendered, and uncoated freesheet. These paper products are used primarily in media and marketing applications, such as catalogs, magazines, advertising brochures, and annual reports. The company also sells kraft pulp, which is used to manufacture tissue products and printing and writing grade paper; however, the group derives the majority of its revenue from its paper products.See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For November 9, 2020 * A Look Into Basic Materials Sector Value Stocks(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.