Clearwater Paper (CLW) Set to Announce Earnings on Monday

Clearwater Paper (NYSE:CLW) is scheduled to be posting its quarterly earnings results after the market closes on Monday, November 4th. Parties that wish to listen to the company’s conference call can do so using this link.

Clearwater Paper (NYSE:CLW) last posted its quarterly earnings data on Tuesday, August 6th. The basic materials company reported ($0.42) EPS for the quarter. Clearwater Paper had a net margin of 2.16% and a return on equity of 11.56%. The firm had revenue of $586.40 million during the quarter.

Clearwater Paper Price Performance

Clearwater Paper stock opened at $25.81 on Friday. The company has a fifty day simple moving average of $28.88 and a 200-day simple moving average of $40.54. The company has a quick ratio of 0.74, a current ratio of 1.73 and a debt-to-equity ratio of 1.73. The firm has a market capitalization of $429.22 million, a price-to-earnings ratio of 9.63 and a beta of 0.32. Clearwater Paper has a 52-week low of $24.51 and a 52-week high of $57.13.

Wall Street Analyst Weigh In

A number of brokerages have commented on CLW. StockNews.com downgraded shares of Clearwater Paper from a “buy” rating to a “hold” rating in a research note on Thursday, August 8th. Royal Bank of Canada raised shares of Clearwater Paper from a “sector perform” rating to an “outperform” rating and reduced their price target for the company from $48.00 to $37.00 in a research report on Friday, October 18th.

Clearwater Paper Company Profile

Clearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the United States and internationally. It operates through Pulp and Paperboard, and Consumer Products segments. The Pulp and Paperboard segment manufactures and markets bleached paperboard; Solid Bleached Sulfate paperboard that is used to produce folding cartons, liquid packaging, cups and plates, blister and carded packaging, and top sheet and commercial printing items; and hardwood and softwood pulp, as well as offers services that include custom sheeting, slitting, and cutting.