Glatfelter Reports Second Quarter 2019 Results
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Glatfelter (GLT) Tops Q2 EPS by 1c, Revenues Miss
July 30, 2019 6:54 AM EDTGlatfelter (NYSE: GLT) reported Q2 EPS of $0.19, $0.01 better than the analyst estimate of $0.18. Revenue for the quarter came in at $235.05 million versus the consensus estimate of $251.07 million.
On an adjusted basis, earnings from continuing operations for the second quarter of 2019 were $8.5 million, or $0.19 per share compared with $4.0 million, or $0.09 per share, for the same period a year ago. Adjusted earnings is a non-GAAP financial measure for which a reconciliation to the nearest GAAP-based measure is provided within this release.... More