Clearwater Paper Corporation Profit Climbs 66% In Q2

(RTTNews) - Clearwater Paper Corporation (CLW) announced earnings for its second quarter that advanced from last year.

The company said its bottom line totaled $23.54 million, or $1.37 per share. This was up from $14.19 million, or $0.74 per share, in last year's second quarter.

Analysts had expected the company to earn $1.15 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.8% to $436.67 million. This was down from $444.56 million last year.

Clearwater Paper Corporation earnings at a glance:

-Earnings (Q2): $23.54 Mln. vs. $14.19 Mln. last year. -Earnings Growth (Y-o-Y): 65.9% -EPS (Q2): $1.37 vs. $0.74 last year. -EPS Growth (Y-o-Y): 85.1% -Analysts Estimate: $1.15 -Revenue (Q2): $436.67 Mln vs. $444.56 Mln last year. -Revenue Change (Y-o-Y): -1.8%