The earnings call highlighted several strategic initiatives and positive future prospects, such as the One Goal, One Hundred program and potential growth in Mass Timber and carbon capture projects. However, the quarter was negatively impacted by trade uncertainties, currency effects, and decreased pulp prices, resulting in significant financial losses and the suspension of dividends.

Company Guidance -

Q3 2025

During Mercer International's second quarter 2025 earnings call, key financial metrics were highlighted, indicating a challenging quarter. The company reported a negative EBITDA of $21 million, a stark contrast to the positive $47 million in Q1. This decline was largely attributed to a $26 million negative foreign exchange impact, an $8 million hit from lower pulp prices in China, and an $11 million non-cash hardwood inventory impairment. Pulp sales volumes decreased by 51,000 tonnes to 427,000 tonnes, with pulp production remaining flat despite 23 days of planned maintenance downtime. The Solid Wood segment also faced difficulties, with a negative EBITDA of $5 million, although realized lumber prices increased by about 10% due to higher demand in Europe. Additionally, Mercer International's liquidity position remained strong at $438 million, consisting of $146 million in cash and $292 million in undrawn revolvers. The company also announced a suspension of its dividend to focus on debt reduction amid ongoing global trade uncertainties.

One Goal, One Hundred Program

Mercer International has achieved $5 million in cost savings through its One Goal, One Hundred program, with expectations of $25 million in total savings for 2025. The program aims for $100 million in savings by the end of 2026.

Improved Lumber Pricing in Europe

Realized lumber prices increased by about 10% in Europe due to reduced supply and steady demand, despite flat prices in the U.S. market.

Mass Timber Business Growth

Despite lower revenues in Q2, growing interest in Mass Timber is expected to improve results into 2026, with potential sales volumes exceeding $400 million.

Strong Liquidity Position

Mercer International has a strong liquidity position totaling $438 million, comprised of $146 million in cash and $292 million in undrawn revolvers.

Potential Carbon Capture Project

A potential carbon capture project at Peace River could generate significant revenue, with estimated future contracts providing $100 million annually in revenue.

Mercer International (MERC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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MERC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	-0.73 / -	-0.26	―	―	―
Jul 31, 2025	2025 (Q2)	-0.96 / -1.29	-1.01	-27.72% (-0.28)
May 01, 2025	2025 (Q1)	-0.18 / -0.33	-0.25	-32.00% (-0.08)
Feb 20, 2025	2024 (Q4)	0.10 / 0.25	-1.31	119.08% (+1.56)
Oct 31, 2024	2024 (Q3)	-0.29 / -0.26	-0.39	33.33% (+0.13)
Aug 08, 2024	2024 (Q2)	-0.42 / -1.01	-1.48	31.76% (+0.47)
May 09, 2024	2024 (Q1)	-0.11 / -0.25	-0.46	45.65% (+0.21)
Feb 15, 2024	2023 (Q4)	-0.47 / -1.31	0.3	-536.67% (-1.61)
Nov 02, 2023	2023 (Q3)	-0.76 / -0.39	1	-139.00% (-1.39)
Aug 03, 2023	2023 (Q2)	-0.85 / -1.48	1.07	-238.32% (-2.55)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MERC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$3.71	$3.02	-18.60%
May 01, 2025	$4.12	$3.82	-7.28%
Feb 20, 2025	$6.37	$7.44	+16.80%
Oct 31, 2024	$6.24	$6.16	-1.28%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Mercer International (MERC) report earnings?

Mercer International (MERC) is schdueled to report earning on Nov 06, 2025, After Close (Confirmed).

What is Mercer International (MERC) earnings time?

Mercer International (MERC) earnings time is at Nov 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MERC EPS forecast?

MERC EPS forecast for the fiscal quarter 2025 (Q3) is -0.73.

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