Clearwater Paper (CLW) Tops Q3 EPS by 21c

Clearwater Paper (NYSE: CLW) reported Q3 EPS of $1.59, $0.21 better than the analyst estimate of $1.38. Revenue for the quarter came in at $0 versus the consensus estimate of $461.62 million.

"We remain committed to the health and safety of our employees and continuing to safely operate our facilities to meet the needs of our customers,” said Arsen Kitch, president and chief executive officer. “In the third quarter, we achieved strong results due to continued elevated demand and production in tissue, although at lower levels than the earlier phases of the COVID-19 pandemic, stable paperboard performance and benign input costs.”

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

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