Clearwater Paper Earnings: Here’s Why Investors Like These Results

Clearwater Paper Corporation (NYSE:CLW) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are up 0.42%.

Clearwater Paper Corporation Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 45.16% to $0.51 in the quarter versus EPS of $0.93 in the year-earlier quarter.

Revenue: Decreased 0.54% to $471 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Clearwater Paper Corporation reported adjusted EPS income of $0.51 per share. By that measure, the company missed the mean analyst estimate of $0.67. It missed the average revenue estimate of $476.57 million.

Quoting Management: “Our focus on internal execution in tissue and strong fundamentals in paperboard drove the quarter’s solid progress in EBITDA. Our new TAD tissue facility in Shelby, N.C., continues to ramp up consistent with our expectations,” said Linda Massman, president and chief executive officer. “As a result, we continue to anticipate achieving our $300 million adjusted EBITDA target in 2014.”

Key Stats (on next page)…

Revenue increased 2.21% from $460.82 million in the previous quarter. EPS increased 363.64% from $0.11 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.75 to a profit $0.72. For the current year, the average estimate has moved down from a profit of $2.99 to a profit of $2.54 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]