logo
Plus   Neg
Share
Email

Clearwater Paper Corporation Q3 adjusted earnings Beat Estimates

Clearwater Paper Corporation (CLW) released earnings for its third quarter that increased from last year.

The company's profit came in at $34.44 million, or $2.08 per share. This compares with $0.86 million, or $0.05 per share, in last year's third quarter.

Excluding items, Clearwater Paper Corporation reported adjusted earnings of $22.29 million or $1.35 per share for the period.

Analysts had expected the company to earn $0.43 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.0% to $426.46 million from $426.50 million last year.

Clearwater Paper Corporation earnings at a glance:

-Earnings (Q3): $22.29 Mln. vs. $5.31 Mln. last year.
-EPS (Q3): $1.35 vs. $0.32 last year.
-Analysts Estimate: $0.43
-Revenue (Q3): $426.46 Mln vs. $426.50 Mln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT