Clearwater Paper (CLW) Tops Q1 EPS by 58c

Clearwater Paper (NYSE: CLW) reported Q1 EPS of $0.57, $0.58 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $478 million versus the consensus estimate of $443.84 million.

COMPANY OUTLOOK:

"For the upcoming quarter, our primary focus will remain on the health and safety of our employees while we continue to operate our facilities and service customers. Demand for tissue products is expected to remain elevated as consumers shift to at-home consumption and retailers continue to focus on keeping their shelves stocked. We are also closely monitoring economic conditions and assessing the impact on our business for the balance of the year,” Kitch concluded.

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

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