Clearwater Paper Earnings Preview: Get Ahead of the Analysts
Clearwater Paper (NYSE:CLW) will report earnings after markets close on Wednesday, April 24th. Clearwater Paper Corp. manufactures consumer tissue, bleached paperboard, and wood products. The Company supplies private label tissue to major retail grocery chains and produces bleached paperboard that is used by printers and packaging converters.
Here is your Cheat Sheet to Clearwater Paper Earnings:
Earnings Expectations: Analysts expect earnings of $0.65 per share on revenues of $465.77 million. Currently, the company’s P/E ratio stands at 17.67.
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 $0.94 to a profit $0.91. For the current year, the average estimate is a profit of $3.49, which is worse than the estimate ninety days ago.
Here’s how Clearwater Paper has been performing on an annual basis:
|Revenue ($) in millions||1,255||1,250||1,373||1,928||1,874|
|Diluted EPS ($)||0.43||7.75||3.12||1.66||2.72|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||466.39||457.80||473.57||480.23||462.70|
|Diluted EPS ($)||0.46||0.16||0.91||0.80||0.85|
Clearwater Paper has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)