Earnings: Clearwater Paper
Pulp, paperboard and tissue manufacturer
STOCK SYMBOL: CLW |
REPORTING PERIOD: 1Q |
EARNINGS:
Profit of $3.7 million 16 cents per share Versus 1Q 2011: Profit of $5.6 million 24 cents per share |
REVENUE: $457.8 million |
ANALYSIS: Prices for the company’s tissue products increased during the first quarter, but sales of pulp and paperboard products were down. Part of the change reflected the company’s decision to use all of its pulp internally, said Gordon Jones, chairman and CEO. |