Clearwater Paper (CLW) Set to Announce Quarterly Earnings on Thursday

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Clearwater Paper (NYSE:CLW) is scheduled to be releasing its earnings data after the market closes on Thursday, November 8th. Analysts expect Clearwater Paper to post earnings of $0.50 per share for the quarter.

Clearwater Paper (NYSE:CLW) last issued its earnings results on Wednesday, August 1st. The basic materials company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.15. Clearwater Paper had a return on equity of 4.95% and a net margin of 5.27%. The business had revenue of $432.10 million during the quarter, compared to analyst estimates of $428.15 million. On average, analysts expect Clearwater Paper to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of Clearwater Paper stock opened at $24.14 on Thursday. Clearwater Paper has a one year low of $21.55 and a one year high of $50.60. The stock has a market capitalization of $389.32 million, a P/E ratio of 10.41, a PEG ratio of 2.49 and a beta of 1.18. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.86 and a quick ratio of 0.36.

A number of brokerages have commented on CLW. ValuEngine raised Clearwater Paper from a “strong sell” rating to a “sell” rating in a report on Thursday, August 23rd. Royal Bank of Canada lowered Clearwater Paper from an “outperform” rating to a “sector perform” rating and boosted their price objective for the stock from $30.00 to $35.00 in a report on Friday, August 24th. They noted that the move was a valuation call. Finally, Zacks Investment Research raised Clearwater Paper from a “sell” rating to a “hold” rating in a report on Wednesday, August 8th.

Clearwater Paper Company Profile

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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Earnings History for Clearwater Paper (NYSE:CLW)

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