Clearwater Paper Corp reports results for the quarter ended September 30 - Earnings Summary

• Clearwater Paper Corp CLW reported a quarterly adjusted loss of $3.30​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 35 cents. The mean expectation of two analysts for the quarter was for a loss of 53 cents per share. Wall Street expected results to range from -59 cents to -47 cents per share.

• Revenue fell 38% to $399.00 million from a year ago; analysts expected $387.86 million.

• Clearwater Paper Corp shares had fallen by 6.6% this quarter and lost 34.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 12.8% in the last three months.​

• 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 2 "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 $31.50, about 38.7% above its last closing price of $19.31

This summary was machine generated from LSEG data October 29 at 12:01 a.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)