Glatfelter (NYSE:GLT) is reporting third quarter earnings results on Monday 9th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.16 per share.
For the full year, analysts predict revenues of $ 901.54 million, while looking forward to income of $ 0.77 per share.
Previous Quarter Performance
Glatfelter disclosed income for the second quarter of $ 0.22 per share, from the revenue of $ 216.18 million. The quarterly earnings improved 15.79 percent while revenues reduced 8.03 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.17 per share from $ 201.67 million in revenue. The bottom line results beat street analysts by $ 0.05 or 29.41 percent, at the same time, top line results outshined analysts by $ 14.51 million or 7.19 percent.
Stock Performance
On Friday, shares of Glatfelter has traded high as $ 14.67 and has cracked $ 14.09 on the downward trend, reaching $ 14.12 with volume of 97.80 thousand shares.
According to the previous trading day, closing price of $ 14.12, representing a 52.01 % increase from the 52 week low of $ 9.44 and a 24.43 % decrease over the 52 week high of $ 18.99.
The company has a market capital of $ 626.47 million and is part of the Basic Materials sector and Paper & Paper Products industry.
Conference Call
Glatfelter will be hosting a conference call at 11:00 AM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.glatfelter.com
P. H. Glatfelter Company, together with its subsidiaries, manufactures and sells engineered materials worldwide.
