Glatfelter Reports Third Quarter 2017 Results

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Glatfelter (GLT) Tops Q3 EPS by 11c

October 31, 2017 6:52 AM EDT

Glatfelter (NYSE: GLT) reported Q3 EPS of $0.50, $0.11 better than the analyst estimate of $0.39. Revenue for the quarter came in at $413.3 million versus the consensus estimate of $402.48 million.

Outlook

Composite Fibers shipping volumes in the fourth quarter of 2017 are expected to be approximately 10% lower than the third quarter driven by normal seasonality. The majority of the impact from lower shipping volumes is expected to be offset by... More