Clearwater Paper Q3 Profit Decreases - Quick Facts

(RTTNews) - Clearwater Paper Corp. (CLW) reported third-quarter net earnings of $13.3 million, or $0.60 per share, impacted significantly by $17.5 million of planned major maintenance costs in the quarter, compared to net earnings of $19.1 million, or $0.80 per share, last year. Adjusted net earnings were $6.4 million, or $0.29 per share, for the quarter.

On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.26 for the quarter. Analysts' estimates typically exclude special items.

Net sales were $487.8 million, compared to $480.2 million, prior year. Analysts expected revenue of $482.74 million for the quarter.