Clearwater Paper (NYSE:CLW) issued its quarterly earnings results on Thursday. The basic materials company reported $0.31 EPS for the quarter, missing the Zacks’ consensus estimate of $0.62 by ($0.31), Bloomberg Earnings reports. The business had revenue of $436.95 million for the quarter, compared to the consensus estimate of $426.18 million. Clearwater Paper had a return on equity of 5.72% and a net margin of 5.34%. During the same quarter last year, the business posted $0.64 earnings per share.
Shares of CLW opened at $26.85 on Friday. The firm has a market capitalization of $665.32, a price-to-earnings ratio of 22.85, a PEG ratio of 2.76 and a beta of 0.98. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.45 and a current ratio of 1.08. Clearwater Paper has a 1 year low of $24.22 and a 1 year high of $55.80.
In other Clearwater Paper news, VP Michael S. Gadd sold 5,368 shares of the business’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $37.68, for a total value of $202,266.24. Following the sale, the vice president now directly owns 11,712 shares in the company, valued at $441,308.16. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 2.72% of the company’s stock.
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About Clearwater Paper
Clearwater Paper Corporation produces and sells produces and sells private label tissue and bleached paperboard products in the United States and internationally. It operates in two segments, Consumer Products, and Pulp and Paperboard. The Consumer Products segment manufactures and sells a line of at-home tissue products, including bathroom tissues, paper towels, facial tissues, and napkins; recycled fiber value grade products; and away-from-home products, such as conventional one- and two-ply bath tissues, two-ply paper towels, hard wound towels, and dispenser napkins.
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