Glatfelter (GLT) Tops Q3 EPS by 11c

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Go back to Glatfelter (GLT) Tops Q3 EPS by 11c

Glatfelter Reports Third Quarter 2017 Results

October 31, 2017 6:50 AM EDT

YORK, Pa.--(BUSINESS WIRE)-- Glatfelter (NYSE: GLT) today reported net income of $12.1 million, or $0.27 per diluted share for the third quarter of 2017 compared with net income of $19.6 million, or $0.44 per diluted share in the third quarter of 2016. Adjusted earnings for the third quarter of 2017 was $21.9 million, or $0.50 per diluted share compared with $24.0 million, or $0.54 per diluted share, for the same period a year ago. On an adjusted basis, earnings before interest, taxes, depreciation and amortization and excluding pension expense (Adjusted EBITDA) for the three months ended September 30, 2017 and 2016, totaled $50.6 million and $49.1 million, respectively, an... More