Clearwater Paper Corporation (CLW) revealed earnings for its first quarter that climbed from last year.
The company's profit totaled $12.1 million, or $0.71 per share. This compares with $10.3 million, or $0.62 per share, in last year's first quarter.
Excluding items, Clearwater Paper Corporation reported adjusted earnings of $11.7 million or $0.69 per share for the period.
Analysts had expected the company to earn $0.87 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 10.9% to $425.9 million from $477.9 million last year.
Clearwater Paper Corporation earnings at a glance:
-Earnings (Q1): $11.7 Mln. vs. $9.5 Mln. last year.-EPS (Q1): $0.69 vs. $0.57 last year.-Analysts Estimate: $0.87-Revenue (Q1): $425.9 Mln vs. $477.9 Mln last year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.