July 26, 2012 in Idaho

Quarterly Earnings: Clearwater Paper Corp.

Tissue, paperboard and pulp manufacturer
 
Stock symbol:

CLW

Reporting period:

2Q

Earnings:

Profit of $21.5 million

91 cents per share

Versus 2Q 2011:

Profit of $13.9 million

59 cents per share

Revenue:

$473.6 million

Analysis:

Strong sales of tissue, pulp and paperboard led to a jump in Clearwater’s quarterly earnings, said CEO Gordon Jones. The company repurchased 238,482 shares of stock during the quarter at a cost of $7.5 million as part of a strategic buyback program.


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