KapStone Paper and Packaging Corporation (NYSE:KS) is projected to declare fiscal fourth quarter financial results right before the stock market’s official open on February 13, 2017. The stock added about 27.7 percent in price since last results when it was at $17.58 a share. Based on the most relevant past-periods data, there is an 55.56 percent probability for this firm’s share price to go up following next quarterly results. Earnings reaction history tells us that the equity price moved up 15 times out of last 27 reported quarters. It has beaten earnings-per-share estimates 8% of the time in its last 12 earnings reports. It fell short of earnings estimates on 11 occasions, and it has met expectations 0 time.

Here’s how traders responded to KS earnings announcements over the past few quarters.

KapStone Paper and Packaging Corporation (KS) Earnings Surprises & Reaction

Given its history, the average earnings announcement surprise was -20.28 percent over the past four quarters. Back on November 1, 2016, it posted earnings per-share earnings at $0.36 which missed the consensus $0.39 projection (negative surprise of-7.69%). For the quarter, revenue came in at 776.64M versus consensus estimate of 802.28M. The stock gained 4.32 percent the session following the earnings reports were released, and on 7th day price change was 6.2 percent.

On July 27, 2016, it reported earnings at $0.26 a share compared with the consensus estimate of $0.3 per share (negative surprise of -13.33%). Revenue of 784.91M for that quarter was below the $817.98M analysts had expected. The stock retreated -4.5% the day following the earnings announcement, and on 7th day price change was 0.62%.

On April 27, 2016, it recorded $0.21 a share in earnings which missed the consensus estimate of $0.22 (negative surprise of -4.55%). Revenue for the quarter was $738.22M while analysts called for revenues to be $750.59M. The stock gained 6.37% the day following the earnings data was made public, and on 7th day price change was 0.9%.

On February 9, 2016, it announced earnings per share at $0.16 versus the consensus estimate of $0.36 per share (negative surprise of -55.56%). That came on revenues of $764.24M for that period. Analysts had expected $773.38M in revenue.

KapStone Paper and Packaging Corporation Earnings Estimates

As Q4 earnings announcement date approaches, Wall Street is expecting earnings per share of $0.33. The analysts’ present consensus range is $0.28-$0.42 for EPS. The market consensus range for revenue is between $744M and $786.8M, with an average of $767.69M.

KapStone Paper and Packaging Corporation (NYSE:KS) last ended at $23.04, sending the company’s market cap near $2.23B. The consensus 12-month price target from analysts covering the stock is $23. The share price has declined 0.05% from its top level in 52 weeks and dropped 4.49% this year. It recently traded in a range of $22.51-$23.08 at a volume of 782140 shares. The recent trading ended with the price nearly 2.26 higher for the last 5 trading days, rebounding 164.03% from its 52-week low.