When is the Earnings Report for FPI?

Fortress Paper Group (FPI) is no longer a publicly traded company. It was acquired by an affiliate of Peak Rock Capital in June 2023 and is now a private entity. Therefore, there will be no further earnings reports released for FPI.

Understanding Fortress Paper Group’s Earnings Reports (Historically)

While future earnings reports for FPI are no longer relevant, understanding the historical context can be valuable for investors interested in the paper and security paper industries or in analyzing past market performance.

Key Metrics in FPI’s Past Earnings Reports

Historically, analyzing Fortress Paper Group’s earnings reports involved paying close attention to several key metrics:

• Revenue: Total revenue generated from sales of security paper and other specialty paper products.
• Gross Profit: Revenue less the cost of goods sold, reflecting the profitability of its core operations.
• Operating Income: Profit earned from operations after deducting operating expenses such as sales, general, and administrative costs.
• Net Income: The “bottom line” profit remaining after all expenses, including interest and taxes, are deducted from revenue.
• Earnings Per Share (EPS): Net income divided by the number of outstanding shares, a crucial metric for valuing the company. This is irrelevant now that it is not publicly traded.
• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): A measure of operating performance that excludes non-cash expenses, providing a clearer picture of underlying profitability.
• Debt Levels: Evaluating the company’s debt-to-equity ratio and ability to service its debt obligations.
• Cash Flow: Analyzing cash flow from operations, investing, and financing activities to understand the company’s financial health and liquidity.

Factors Influencing FPI’s Historical Earnings

Numerous factors influenced Fortress Paper Group’s past earnings, including:

• Security Paper Demand: The global demand for security paper, particularly for banknotes, passports, and other official documents.
• Commodity Prices: Fluctuations in pulp prices, energy costs, and other raw material expenses.
• Currency Exchange Rates: Exchange rate volatility impacting revenue and costs, especially since FPI had international operations.
• Operational Efficiency: The company’s ability to manage costs, improve production processes, and optimize its supply chain.
• Capital Expenditures: Investments in new equipment, facilities, or technologies to enhance production capacity or improve efficiency.
• Competition: The intensity of competition in the security paper and specialty paper markets.
• Government Regulations: Changes in government regulations related to paper production, security standards, or environmental compliance.

FAQs: Historical Insights into Fortress Paper Group (FPI)

Even though FPI is no longer publicly traded, these FAQs provide historical context and insights.

1. What was the typical time of day for FPI’s earnings report releases?

Historically, FPI typically released its earnings reports after market close, usually around 4:00 PM Eastern Time (ET). This allowed analysts and investors to digest the information before the next trading day began.

2. Where could I find FPI’s past earnings reports?

Past earnings reports were typically available on the company’s investor relations website. You could also find them on financial news websites and through regulatory filings on SEDAR (System for Electronic Document Analysis and Retrieval) in Canada, where FPI was listed.

3. How often did FPI release earnings reports?

FPI released earnings reports quarterly, following the standard reporting schedule for publicly traded companies. This meant reports were typically issued in April, July, October, and January.

4. What was a typical investor reaction to FPI’s earnings announcements?

The market reaction to FPI’s earnings announcements was highly variable and depended on factors such as:

• Whether the reported earnings met, exceeded, or fell short of analyst expectations.
• The company’s guidance for future performance.
• Overall market sentiment.
• Specific news or developments related to the company or the industry.

Positive earnings surprises often led to an increase in the stock price, while negative surprises typically resulted in a decline.

5. Did FPI hold conference calls after earnings releases?

Yes, FPI typically held conference calls with analysts and investors after releasing its earnings reports. These calls provided an opportunity for management to discuss the results in more detail, answer questions, and provide insights into the company’s strategy.

6. How could I access FPI’s past earnings conference calls?

Transcripts or replays of past earnings conference calls were often available on the company’s investor relations website. Some financial news websites also provided access to these resources.

7. Who were the key individuals on FPI’s earnings calls?

Typically, the key individuals participating in FPI’s earnings calls were the Chief Executive Officer (CEO) and the Chief Financial Officer (CFO). Other senior executives might also have participated depending on the specific topics being discussed.

8. What types of questions were typically asked on FPI’s earnings calls?

Analysts and investors typically asked questions related to:

• The drivers of revenue growth or decline.
• The company’s cost structure and profitability.
• The outlook for the security paper market.
• Specific operational issues or challenges.
• Capital allocation plans.
• The company’s competitive positioning.

9. What were some common themes discussed in FPI’s past earnings reports?

Common themes discussed in FPI’s past earnings reports included:

• The impact of currency exchange rates on the company’s financial performance.
• The competitive landscape in the security paper market.
• Efforts to improve operational efficiency and reduce costs.
• Investments in new technologies or facilities.
• The company’s strategy for growth and expansion.
• Debt management and financial stability.

10. How did FPI’s earnings compare to its competitors?

Analyzing FPI’s earnings in comparison to its competitors required looking at key metrics like revenue growth, profitability, and market share. This could provide insights into the company’s relative performance and competitive positioning within the industry.

11. What was the best way to interpret FPI’s earnings per share (EPS) historically?

EPS was a crucial metric for valuing FPI historically. To properly interpret it, it was important to consider:

• The trend in EPS over time.
• EPS compared to analyst expectations.
• EPS compared to the company’s competitors.
• Any one-time items that might have impacted EPS.

12. Given the acquisition, what should former FPI shareholders do?

Since Fortress Paper Group was acquired, former shareholders should have already received compensation for their shares as per the terms of the acquisition agreement. They should consult with a financial advisor or tax professional for guidance on managing the proceeds from the sale of their shares. The acquisition means that there are no more future earnings reports to anticipate or react to. The era of publicly traded Fortress Paper Group is over.