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KP Tissue fiscal Q1 loss narrows YOY

4910790 said its normalized net income for the fiscal first quarter ended March 29 came to a loss of 5 Canadian cents per share, compared with the S&P Capital IQ consensus estimate of 14 cents per share.

The per-share loss decreased 68.6% year over year from 15 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of C$411,250, compared with a loss of C$1.3 million in the prior-year period.

eported net income came to a loss of C$637,000, or a loss of 7 cents per share, compared to a loss of C$1.7 million, or a loss of 19 cents per share, in the prior-year period.KP Tissue Inc.

4910790 said its normalized net income for the fiscal first quarter ended March 29 came to a loss of 5 Canadian cents per share, compared with the S&P Capital IQ consensus estimate of 14 cents per share.