Clearwater Paper Corp reports results for the quarter ended March 31 - Earnings Summary

• Clearwater Paper Corp CLW.N reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.43. The lone analyst forecast for the quarter was for earnings of 17 cents per share.

• Revenue fell 23.8% to $378.20 million from a year ago; analysts expected $387.00 million.

• Clearwater Paper Corp shares had fallen by 1.4% this quarter and lost 16.0% so far this year.

FORECAST CHANGES

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the paper products peer group is also "buy"

• Wall Street's median 12-month price target for Clearwater Paper Corp is $37.00

This summary was machine generated from LSEG data April 30 at 06:13 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)