Clearwater Paper (CLW) Misses Q1 EPS, Sales Beat

Clearwater Paper (NYSE: CLW) reported Q1 EPS of $0.31, $0.36 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $437 million versus the consensus estimate of $434.08 million.

“The first quarter showed solid demand for our consumer tissue and paperboard products. This demand was offset by continued competitive pressures especially in conventional grades of retail tissue and higher input costs for both businesses,” said Linda K. Massman, president and chief executive officer. “We will continue to enhance our leading position in at-home private label tissue and SBS paperboard while continuing to aggressively improve our cost position and efficiencies to generate strong cash flow and improved Return On Invested Capital.”

For earnings history and earnings-related data on Clearwater Paper (CLW) click here.

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