Clearwater Paper Posts Q4 Loss - Quick Facts

(RTTNews) - Clearwater Paper Corporation (CLW) reported a fourth-quarter net loss of $27.25 million or $1.39 per share, compared to profit of $82.86 million or $3.87 per share, prior year. The company noted that its 2014 fourth quarter GAAP net loss included an after-tax loss of $36.3 million associated with the divestiture of the Consumer Products' specialty mills, $2.0 million of after-tax intangible asset impairment, $1.3 million of after-tax expense associated with the mark-to-market impact of directors' equity-based compensation and $2.5 million of after-tax expense associated with the closing of the Thomaston, Georgia, and Long Island, New York, converting and distribution facilities. Adjusted earnings per share was $0.77, for the quarter.

On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.96 for the quarter. Analysts' estimates typically exclude special items.

Net sales increased to $472.32 million from $470.16 million last year. Analysts expected revenue of $498.71 million for the quarter.