Clearwater Paper (CLW) Misses Q4 EPS by 24c, Revenue Beats
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Clearwater Paper Reports Fourth Quarter and Full Year 2015 Results
February 10, 2016 4:15 PM ESTSPOKANE, Wash.--(BUSINESS WIRE)-- Clearwater Paper Corporation (NYSE:CLW) today reported financial results for the fourth quarter and full year of 2015.
The company reported net sales of $431.6 million for the fourth quarter of 2015, down 8.6% compared to net sales of $472.3 million for the fourth quarter of 2014 due primarily 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 fourth quarter of 2015 were $11.6 million, or $0.65 per diluted share, compared to a net loss of $27.2 million, or ($1.39) per diluted share, for the fourth quarter of 2014.... More
