Earnings should be fine. There should not have been any market downtime. UFS and container prices should have increased somewhat over Q2, even though the announced priced increases have not been fully implemented. We know that they have projected $15 million of maintenance outage expense ($5 million higher than normal). All other costs should be in line.
The market is waiting for clarity on plans for the balance sheet. With any luck, we will hear that the Company is being acquired with the excess cash being applied to the share purchase price. Bad news would be that BZ is making an acquisition - no matter how it is spun by Management.