Clearwater Paper Corporation Q3 Income Retreats, But Beats Estimates
Tuesday, November 5, 2024 7:30 am
Clearwater Paper Corporation (CLW) released a profit for third quarter that decreased from the same period last year but beat the Street estimates. The company's bottom line came in at $5.8 million, or $0.35 per share. This compares with $36.6 million, or $2.17 per share, in last year's third quarter. Analysts on average had expected the company to earn $0.29 per share. Analysts' estimates typically exclude special items. The company's revenue for the quarter rose 41.0% to $393.3 million from $278.9 million last year.
-Earnings (Q3): $5.8 Mln. vs. $36.6 Mln. last year.
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