Clearwater Paper Corporation Q3 Profit Climbs 124%

(RTTNews) - Clearwater Paper Corporation (CLW) released earnings for its third quarter that advanced compared to the same period last year.

The company said its bottom line came in at $5.31 million, or $0.32 per share. This was up from $2.37 million, or $0.14 per share, in last year's third quarter.

Analysts had expected the company to earn $0.14 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.0% to $426.50 million. This was down from $435.32 million last year.

Clearwater Paper Corporation earnings at a glance:

-Earnings (Q3): $5.31 Mln. vs. $2.37 Mln. last year. -Earnings Growth (Y-o-Y): 124.1% -EPS (Q3): $0.32 vs. $0.14 last year. -EPS Growth (Y-o-Y): 128.6% -Analysts Estimate: $0.14 -Revenue (Q3): $426.50 Mln vs. $435.32 Mln last year. -Revenue Change (Y-o-Y): -2.0%