Clearwater Paper Stock Price, News & Analysis

Clearwater Paper Corporation (NYSE: CLW) is set to release its Q1 2021 results on May 5, 2021. CEO Arsen Kitch and CFO Mike Murphy will discuss the results and future outlook during a conference call at 2 p.m. PDT. Interested parties can register for the call through a specified link, with the option to access a webcast and presentation slides on Clearwater Paper’s website. A replay of the webcast will be available until May 5, 2022. Clearwater Paper specializes in manufacturing a range of tissue products and bleached paperboard.

Clearwater Paper Corporation (NYSE: CLW) announced that Mike Murphy, CFO, and Heidi Blair, Treasurer, will present at the J.P. 2021 Global High Yield & Leveraged Finance Conference on March 1 at 1:15 p.m. PST. They will be available for one-on-one meetings following the presentation. Accompanying materials will be accessible on Clearwater Paper's investor webpage by March 1.

The company is known for manufacturing quality tissue products and bleached paperboard, supplying major retailers and distributors nationwide.

Clearwater Paper Corporation (NYSE:CLW) reported strong Q4 and full-year 2020 financial results due to elevated demand for tissue products. Q4 net income reached $23 million, or $1.34 per share, with net sales of $453 million, a 4% increase YoY. For 2020, net income was $77 million, a significant recovery from a loss in 2019, with sales up 6.1% to $1.9 billion. The company reduced net debt by $200 million during the year. Despite this success, demand volatility and inflationary pressures are anticipated in Q1 2021.

Clearwater Paper Corporation (NYSE: CLW) has temporarily suspended its pulp and paperboard operations in Cypress Bend, Arkansas, due to cold weather affecting natural gas deliveries. The company prioritizes employee safety and customer needs during this unexpected outage. Clearwater Paper plans to resume operations as soon as it is safe to do so. The anticipated impacts of this outage will be disclosed in the fourth quarter and full-year 2020 earnings announcement on February 25.

Clearwater Paper Corporation (NYSE: CLW) is set to announce its fourth quarter and full year 2020 results on February 25, 2021. The announcement will be followed by a conference call featuring President and CEO Arsen Kitch and CFO Mike Murphy at 2 p.m. PST, discussing results and future outlook. Interested parties can register for the call through a provided link. A replay of the webcast will be available until February 25, 2022, on Clearwater Paper’s official website. The company specializes in manufacturing tissue products and paperboard.

Clearwater Paper Corporation (NYSE: CLW) announced an update to its fourth quarter 2020 outlook, increasing expected Adjusted EBITDA from $52-$62 million to $71-$76 million. This revision is due to higher tissue demand, strong operational performance, and favorable cost trends. CEO Arsen Kitch noted a significant increase in tissue product demand linked to COVID-19, with expected fourth quarter volumes surpassing those of 2019. The company remains focused on enhancing shareholder value through quality relationships and operational efficiency.

Clearwater Paper Corporation (NYSE: CLW) announced its participation in upcoming virtual investor conferences. On November 30, 2020, CFO Mike Murphy and VP Heidi Blair will present at the Bank of America Leveraged Finance Virtual Conference at 12 p.m. PST, with additional investor meetings on this day and December 2, 2020. On December 2, CEO Arsen Kitch will join a CEO panel at the RBC Capital Markets Forest Products Conference at 8:35 a.m. PST, alongside investor meetings.

For more information, visit www.clearwaterpaper.com.

Clearwater Paper Corporation (NYSE:CLW) reported strong financial results for Q3 2020, driven by high demand for tissue products. The company posted a net income of $21 million, or $1.28 per diluted share, up from a net loss of $11 million in Q3 2019. Adjusted EBITDA for the quarter was $77 million compared to $32 million the previous year. Net sales increased 3% to $457 million. For the first nine months, net sales reached $1.4 billion, reflecting a 7% gain, with net income of $55 million. The Consumer Products segment notably saw a 9% rise in sales.

Clearwater Paper Corporation (NYSE: CLW) is set to release its third quarter 2020 earnings results on November 3, 2020. CEO Arsen Kitch and CFO Mike Murphy will discuss these results and the company's outlook during a conference call at 2 p.m. PST on the same day. Interested participants can register for the call through a provided link. A replay of the webcast will be available until November 4, 2021. Clearwater Paper, a leading manufacturer of consumer and away-from-home tissue products, is committed to building shareholder value through quality and service.