Glatfelter Reports Third Quarter 2016 Earnings

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BMO Capital Upgrades Glatfelter (GLT) to Outperform

November 2, 2016 6:57 AM EDT

BMO Capital upgraded Glatfelter (NYSE: GLT) from Market Perform to Outperform with a price target of $23.

For an analyst ratings summary and ratings history on Glatfelter click here. For more ratings news on Glatfelter click here.

Shares of Glatfelter closed at $18.00 yesterday.

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Glatfelter (GLT) Misses Q3 EPS by 1c

November 1, 2016 6:54 AM EDT

Glatfelter (NYSE: GLT) reported Q3 EPS of $0.54, $0.01 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $405.3 million versus the consensus estimate of $426.09 million.

Outlook

Composite Fibers shipping volumes in the fourth quarter of 2016 are expected be... More