PH Glatfelter Co Q4 Earnings Rise 16%

(RTTNews) - PH Glatfelter Co (GLT) released a profit for its fourth quarter that climbed from last year.

The company said its bottom line advanced to $22.90 million, or $0.52 per share. This was higher than $19.72 million, or $0.45 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.44 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 5.2% to $414.58 million. This was down from $437.28 million last year.

PH Glatfelter Co earnings at a glance:

-Earnings (Q4): $22.90 Mln. vs. $19.72 Mln. last year. -Earnings Growth (Y-o-Y): 16.1% -EPS (Q4): $0.52 vs. $0.45 last year. -EPS Growth (Y-o-Y): 15.6% -Analysts Estimate: $0.44 -Revenue (Q4): $414.58 Mln vs. $437.28 Mln last year. -Revenue Change (Y-o-Y): -5.2%