Clearwater Paper (CLW) Tops Q1 EPS by 5c

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Go back to Clearwater Paper (CLW) Tops Q1 EPS by 5c

Clearwater Paper Reports First Quarter 2015 Results

April 22, 2015 4:05 PM EDT

SPOKANE, Wash.--(BUSINESS WIRE)-- Clearwater Paper Corporation (NYSE: CLW) today reported financial results for the first quarter of 2015.

The company reported net sales of $434.0 million for the first quarter of 2015, down 10.5% compared to net sales of $484.9 million for the first quarter of 2014 primarily due to the sale of the companys specialty mills in December 2014. Net earnings determined in accordance with generally accepted accounting principles, or GAAP, for the first quarter of 2015 were $5.8 million, or $0.30 per diluted share, compared to $6.2 million, or $0.29 per diluted share, for the first quarter of 2014. The 2015... More