Earnings Preview For Clearwater Paper
Portfolio Pulse from Benzinga Insights
Clearwater Paper (NYSE:CLW) is scheduled to release its quarterly earnings report on 2024-02-21, with analysts estimating an EPS of $1.42. The company's past earnings performance shows mixed results, with the last quarter beating estimates but resulting in a 3.4% share price drop. Over the last year, CLW shares have decreased by 7.47%, indicating a bearish sentiment among long-term shareholders.
February 20, 2024 | 3:01 pm
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Clearwater Paper is expected to report an EPS of $1.42 for the quarter. Past performance and a 7.47% annual share price decline suggest bearish sentiment.
Given the mixed past earnings performance and the overall negative trend in share price over the past year, the short-term impact on CLW's stock price is uncertain. While beating the EPS estimate could provide a positive short-term boost, the bearish sentiment among long-term shareholders and the history of share price drops following earnings beats suggest a cautious outlook.
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