Investing.com - Clearwater Paper (NYSE:CLW) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Clearwater Paper announced earnings per share of $1.21 on revenue of $538.8M. Analysts polled by Investing.com anticipated EPS of $1.00 on revenue of $511.67M.
Clearwater Paper shares are up 6.41% from the beginning of the year, still down 16.05% from its 52 week high of $46.48 set on August 16.
Clearwater Paper follows other major Materials sector earnings this month
Clearwater Paper's report follows an earnings beat by Air Products on Thursday, who reported EPS of $2.89 on revenue of $3.57B, compared to forecasts EPS of $2.77 on revenue of $3.21B.
Sherwin-Williams had beat expectations on October 25 with third quarter EPS of $2.83 on revenue of $6.05B, compared to forecast for EPS of $2.59 on revenue of $5.81B.
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