Clearwater Paper (CLW) Tops Q2 EPS by 15c

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Go back to Clearwater Paper (CLW) Tops Q2 EPS by 15c

Clearwater Paper Reports Second Quarter 2018 Results

August 1, 2018 4:05 PM EDT

SPOKANE, Wash.--(BUSINESS WIRE)-- Clearwater Paper Corporation (NYSE: CLW) today reported financial results for the second quarter of 2018.

The company reported net sales of $432.1 million for the second quarter of 2018, up 0.6% compared to net sales of $429.7 million for the second quarter of 2017. Net earnings determined in accordance with generally accepted accounting principles, or GAAP, for the second quarter of 2018 were $7.0 million, or $0.42 per diluted share, compared to net earnings for the second quarter of 2017 of $8.0 million, or $0.48 per diluted share. The decrease in net earnings was due to a weaker... More