WASHINGTON (dpa-AFX) - 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%
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