P.H. Glatfelter: Q2 Earnings Insights

Shares of P.H. Glatfelter GLT decreased 0.2% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 15.79% over the past year to $0.22, which beat the estimate of $0.17.

Revenue of $216,183,000 declined by 8.03% from the same period last year, which beat the estimate of $201,670,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

P.H. Glatfelter hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Aug 04, 2020

Time: 11:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/47ohq454

Price Action

Company's 52-week high was at $19.03

52-week low: $9.44

Price action over last quarter: Up 17.26%

Company Overview

P.H. Glatfelter makes and sells a variety of paper and fiber products. The company's two reportable segments are composite fibers, which makes filters for tea and coffee, wallpaper base materials, and high-fiber specialty papers for commercial and industrial use; and air-laid materials, which provides absorbent, thin cellulose-based materials used to manufacture products in feminine hygiene, specialty wipes, home care, and other consumables. Products are sold worldwide, with the majority of revenue coming from Europe, the United States, and Canada.