Clearwater Paper Corporation Q1 Profit Climbs 177%

(RTTNews) - Clearwater Paper Corporation (CLW) released earnings for its first quarter that advanced from last year.

The company said its bottom line climbed to $19.19 million, or $1.09 per share. This was higher than $6.92 million, or $0.36 per share, in last year's first quarter.

Analysts had expected the company to earn $0.95 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.7% to $437.20 million. This was up from $434.03 million last year.

Clearwater Paper Corporation earnings at a glance:

-Earnings (Q1): $19.19 Mln. vs. $6.92 Mln. last year. -Earnings Growth (Y-o-Y): 177.3% -EPS (Q1): $1.09 vs. $0.36 last year. -EPS Growth (Y-o-Y): 202.8% -Analysts Estimate: $0.95 -Revenue (Q1): $437.20 Mln vs. $434.03 Mln last year. -Revenue Change (Y-o-Y): 0.7%