Clearwater Paper (CLW) Tops Q3 EPS by 13c
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Clearwater Paper Reports Third Quarter 2015 Results
October 29, 2015 4:15 PM EDTSPOKANE, Wash.--(BUSINESS WIRE)-- Clearwater Paper Corporation (NYSE: CLW) today reported financial results for the third quarter of 2015.
The company reported net sales of $442.2 million for the third quarter of 2015, down 13.5% compared to net sales of $511.1 million for the third quarter of 2014 primarily due to the sale of the companys specialty mills in December 2014. Net earnings determined in accordance with generally accepted accounting principles, or GAAP, for the third quarter of 2015 were $23.1 million, or $1.21 per diluted share, compared to $6.3 million, or $0.31 per diluted share, for the third quarter of 2014. The 2015 third... More
