Glatfelter (GLT) to Release Earnings on Thursday

Glatfelter (NYSE:GLT) is scheduled to announce its earnings results before the market opens on Thursday, May 9th. Investors that are interested in registering for the company’s conference call can do so using this link.

Glatfelter (NYSE:GLT) last posted its quarterly earnings data on Thursday, February 22nd. The basic materials company reported ($0.04) earnings per share for the quarter. Glatfelter had a negative return on equity of 14.04% and a negative net margin of 5.71%. The company had revenue of $320.38 million for the quarter.

Glatfelter Stock Up 2.5 %

Shares of GLT opened at $1.67 on Wednesday. The stock has a 50 day moving average price of $1.79 and a 200 day moving average price of $1.71. Glatfelter has a one year low of $1.25 and a one year high of $3.88. The company has a debt-to-equity ratio of 3.32, a quick ratio of 1.10 and a current ratio of 2.16. The stock has a market capitalization of $75.57 million, a price-to-earnings ratio of -0.95 and a beta of 1.73.

About Glatfelter

Glatfelter Corporation, together with its subsidiaries, engages in the manufacture and sale of engineered materials worldwide. It operates through three segments: Composite Fibers, Airlaid Materials, and Spunlace. The Composite Fibers segment offers food and beverage filtration materials for single-serve coffee and tea products; wallcover base materials for wallpaper manufacturers; metallized products that are used in labels, packaging liners, gift wraps, and other consumer product applications; composite laminates consisting of decorative laminates for use in furniture, household and commercial flooring, and other applications; and specialty engineered products, which are used in electrical energy storage, home, hygiene, and other engineered fiber-based applications.