Clearwater Paper CLW is set to give its latest quarterly earnings report on Tuesday, 2022-02-15. Here's what investors need to know before the announcement.
Analysts estimate that Clearwater Paper will report an earnings per share (EPS) of $0.79.
Clearwater Paper bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Historical Earnings Performance
Last quarter the company beat EPS by $0.08, which was followed by a 1.92% increase in the share price the next day.
Here's a look at Clearwater Paper's past performance and the resulting price change:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.47 | -1.49 | 0.87 | 1.53 |
| EPS Actual | 0.55 | -1.07 | 0.69 | 1.45 |
| Price Change % | 1.92% | 7.38% | -6.37% | -15.74% |
Stock Performance
Shares of Clearwater Paper were trading at $31.61 as of February 11. Over the last 52-week period, shares are down 26.1%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.
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