shares in cascades inc tumbled in early trading thursday after the company swung to a loss in the first quarter while analysts expected a profit at 946 am et shares were down 16 at c995 the canadian packaging and tissue products company swung to a loss of 15 million canadian dollars the equivalent of us115 million from a profit of c22 million in the first quarter of 2021 on a pershare basis loss was c015 compared with a profit of c022 adjusted pershare loss was c015 compared with a profit of c029 missing consensus analyst expectations of a profit of c005 taken from factset sales rose to c104 billion from c942 million just shy of analyst expectations of c105 billion