Clearwater Paper Corporation (NYSE:CLW) is reporting second quarter earnings results on Tuesday 4th August 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 1.44 per share.
For the full year, analysts predict revenues of $ 1877.68 million, while looking forward to income of $ 2.79 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,797.00 million ~ $ 1,814.00 million
Click Here For More Historical Outlooks Of Clearwater Paper Corporation
Previous Quarter Performance
Clearwater Paper Corporation announced income for the first quarter of $ 0.57 per share, from the revenue of $ 477.90 million. The quarterly earnings grew 171.43 percent while revenues hiked 13.18 percent compared with the same quarter last year. Street analysts expected $ 443.84 million. The top line results outshined analysts by $ 34.06 million or 7.67 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CLW was $ 38.16, representing a 221.21 % increase from the 52 week low of $ 11.88 and a 4.29 % decrease over the 52 week high of $ 39.87.
The company has a market capital of $ 632.35 million and is part of the Basic Materials sector and Paper & Paper Products industry.
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Conference Call
Clearwater Paper Corporation will be hosting a conference call at 5:00 PM 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.clearwaterpaper.com
Clearwater Paper Corporation produces and sells produces and sells private label tissue and bleached paperboard products in the United States and internationally. It operates in two segments, Consumer Products, and Pulp and Paperboard. The Consumer Products segment manufactures and sells a line of at-home tissue products, including bathroom tissues, paper towels, facial tissues, and napkins; recycled fiber value grade products; and away-from-home products, such as conventional one- and two-ply bath tissues, two-ply paper towels, hard wound towels, and dispenser napkins.
