Glatfelter Reports Full Year and Fourth Quarter 2016 Earnings

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Glatfelter (GLT) Misses Q4 EPS by 2c

February 7, 2017 6:57 AM EST

Glatfelter (NYSE: GLT) reported Q4 EPS of $0.40, $0.02 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $390.9 million versus the consensus estimate of $398.62 million.

"As we expected, this quarters results reflect the challenging market conditions we faced throughout much of the year, said Dante C. Parrini, Chairman and Chief Executive Officer. Our Composite Fibers and Specialty Papers results were affected by excess... More