Clearwater Paper (NYSE: CLW ) reported earnings on Feb. 20. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Clearwater Paper met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped slightly. GAAP earnings per share increased significantly.
Margins grew across the board.
Clearwater Paper reported revenue of $462.7 million. The three analysts polled by S&P Capital IQ predicted sales of $468.1 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.84. The five earnings estimates compiled by S&P Capital IQ predicted $0.76 per share. GAAP EPS of $0.84 for Q4 were 71% higher than the prior-year quarter's $0.49 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 14.3%, 120 basis points better than the prior-year quarter. Operating margin was 7.7%, 70 basis points better than the prior-year quarter. Net margin was 4.3%, 180 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $466.1 million. On the bottom line, the average EPS estimate is $0.60.
Next year's average estimate for revenue is $2.00 billion. The average EPS estimate is $3.56.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 60 members out of 70 rating the stock outperform, and 10 members rating it underperform. Among 21 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 21 give Clearwater Paper a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Clearwater Paper is outperform, with an average price target of $49.88.
Looking for alternatives to Clearwater Paper? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Clearwater Paper to My Watchlist.