Clearwater Paper Corporation Q4 Earnings Drop 11%

(RTTNews) - Clearwater Paper Corporation (CLW) released a profit for fourth quarter that retreated compared to the same period last year.

The company said its profit totaled $13.34 million, or $0.75 per share. This was down from $14.98 million, or $0.77 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.99 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 8.6% to $431.60 million. This was down from $472.32 million last year.

Clearwater Paper Corporation earnings at a glance:

-Earnings (Q4): $13.34 Mln. vs. $14.98 Mln. last year. -Earnings Decline (Y-o-Y): -10.9% -EPS (Q4): $0.75 vs. $0.77 last year. -EPS Decline (Y-o-Y): -2.6% -Analysts Estimate: $0.99 -Revenue (Q4): $431.60 Mln vs. $472.32 Mln last year. -Revenue Change (Y-o-Y): -8.6%