Glatfelter (NYSE:GLT) is expected to report second quarter earnings results, before market open, on Tuesday 4th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.17 per share.
Looking ahead, the full year income are expected at $ 0.76 per share on the revenues of $ 862.41 million.
Previous Quarter Performance
Glatfelter unwinded income for the first quarter of $ 0.24 per share, from the revenue of $ 231.56 million. The quarterly earnings boosted 50.00 percent while revenues up 1.06 percent compared with the same quarter last year.
Wall street analysts are predicting, GLT to report 1Q20 income of $ 0.18 per share from revenue of $ 234.05 million. The bottom line results beat street analysts by $ 0.06 or 33.33 percent, at the same time, top line results fell short of analysts by $ 2.49 million or 1.06 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of GLT was $ 16.37, representing a 73.41 % increase from the 52 week low of $ 9.44 and a 13.98 % decrease over the 52 week high of $ 19.03.
The company has a market capital of $ 725.38 million and is part of the Basic Materials sector and Paper & Paper Products industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.135 per share on May 7, 2020. The dividend were payable on August 1, 2020 to holders of record as of the close of business on July 3, 2020 and ex-dividend date on July 1, 2020.
Conference Call
Glatfelter will be hosting a conference call at 11:00 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.glatfelter.com
P. H. Glatfelter Company, together with its subsidiaries, manufactures and sells engineered materials worldwide.
