05:35 PM EDT, 08/08/2024 (MT Newswires) -- Suzano (SUZ) reported Q2 loss late Thursday of 2.94 Brazilian reais ($0.53) per diluted share, compared with a profit of 3.90 reais per share a year earlier.

Analysts polled by Capital IQ expected a loss of 4.57 reais.

Net sales for the quarter ended June 30 rose to 11.49 billion reais from 9.16 billion reais a year earlier. Analysts surveyed by Capital IQ expected 11.09 billion reais for the Brazilian pulp and paper company.

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