PH Glatfelter Co Bottom Line Rises 5% In Q1

(RTTNews) - PH Glatfelter Co (GLT) announced earnings for its first quarter that rose compared to the same period last year.

The company said its bottom line came in at $17.16 million, or $0.39 per share. This was up from $16.29 million, or $0.37 per share, in last year's first quarter.

Analysts had expected the company to earn $0.39 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.9% to $390.71 million. This was down from $402.22 million last year.

PH Glatfelter Co earnings at a glance:

-Earnings (Q1): $17.16 Mln. vs. $16.29 Mln. last year. -Earnings Growth (Y-o-Y): 5.3% -EPS (Q1): $0.39 vs. $0.37 last year. -EPS Growth (Y-o-Y): 5.4% -Analysts Estimate: $0.39 -Revenue (Q1): $390.71 Mln vs. $402.22 Mln last year. -Revenue Change (Y-o-Y): -2.9%