Clearwater Paper (CLW) Posts Mixed Q2 Results, Announces 2-for-1 Stock Split
Clearwater Paper (NYSE: CLW) reported Q2 EPS of $1.17, $0.45 worse than the analyst estimate of $1.62. Revenue for the quarter came in at $494.63 million versus the consensus estimate of $480.08 million.
The company also separately announced today a 2-for-1 stock split in the form of a stock dividend and the Board of Director’s approval of a $30 million stock repurchase program.
The company also separately announced today a 2-for-1 stock split in the form of a stock dividend and the Board of Director’s approval of a $30 million stock repurchase program.