PH Glatfelter Co Reveals 23% Fall In Q4 Bottom Line

(RTTNews) - PH Glatfelter Co (GLT) revealed earnings for fourth quarter that decreased from last year.

The company said its earnings came in at $17.65 million, or $0.40 per share. This was down from $22.90 million, or $0.52 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.42 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 5.3% to $390.87 million. This was down from $412.85 million last year.

PH Glatfelter Co earnings at a glance:

-Earnings (Q4): $17.65 Mln. vs. $22.90 Mln. last year. -Earnings Decline (Y-o-Y): -22.9% -EPS (Q4): $0.40 vs. $0.52 last year. -EPS Decline (Y-o-Y): -23.1% -Analysts Estimate: $0.42 -Revenue (Q4): $390.87 Mln vs. $412.85 Mln last year. -Revenue Change (Y-o-Y): -5.3%