Clearwater Paper (NYSE:CLW) reported Q2 EPS of $1.11, in-line with the analyst estimate of $1.11. Revenue for the quarter came in at $526 million versus the consensus estimate of $498.67 million.
COMPANY OUTLOOK
"Inflation remains a key theme in both of our businesses and is expected to persist into the third quarter. We are continuing with our efforts to offset these cost pressures with operational improvements and pricing. In addition, our focus on cashflow generation has enabled us to achieve our leverage target and we expect to discuss our capital allocation priorities later in the year,” concluded Kitch.