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Domtar Corp.

11:48 AM EST - Domtar Corp. : reported net earnings of $58 million U.S., or $1.34 U.S. per share, for the first quarter, compared to a net loss of $45 million U.S. or $1.05 U.S. per share last year. Excluding items, the company had earnings before items of $69 million U.S., or $1.59 U.S. per share, compared to a loss before items of $38 million U.S., or $0.88 U.S. per share in the same quarter a year earlier. Sales for the quarter amounted to $1.46 billion, up from $1.3 billion in the prior-year quarter. Domtar Corp. shares T.UFS are trading down $0.40 at $76.20.