Clearwater Paper Corporation (CLW)
Clearwater Paper Q2 Earnings Call Highlights
Clearwater Paper NYSE: CLW reported a second-quarter net loss from continuing operations of $21 million, or $1.33 per diluted share, as lower market pricing and a major maintenance outage outweighed higher shipment volumes and insurance recoveries.
Clearwater Paper: Asset Value Provides Downside Protection Despite Near-Term Earnings Headwinds
Applying conservative recovery assumptions to the Q1 2026 balance sheet results in an adjusted equity liquidation value of $376 million, implying meaningful downside protection. Q1 EBITDA came in slightly above expectations despite weather disruptions. Lower industry supply, declining FBB imports, announced price increases, and improving utilization rates should gradually support margins. Augusta integration, uncertain insurance claims related to the acquisition, commodity cost inflation, and the absence of full-year EBITDA guidance continue to limit visibility.
Clearwater Paper: Utilization Recovery Is The Entire Bull Case
Clearwater Paper Corporation focuses on SBS paperboard for retail and foodservice packaging, maintaining a straightforward business model in a complex market. I previously rated CLW a Hold due to high debt, shrinking EBITDA, and inconsistent execution despite operational improvements. CLW shares have underperformed significantly, declining 44% while the S&P 500 rose 17% since my last coverage.
Clearwater Paper Corporation (CLW) Q1 2026 Earnings Call Transcript
Clearwater Paper Corporation (CLW) Q1 2026 Earnings Call Transcript
Clearwater Paper Corporation (CLW) Q4 2025 Earnings Call Transcript
Clearwater Paper Corporation (CLW) Q4 2025 Earnings Call Transcript
Clearwater Paper Corporation (CLW) Q3 2025 Earnings Call Transcript
Clearwater Paper Corporation (NYSE:CLW ) Q3 2025 Earnings Call October 28, 2025 5:00 PM EDT Company Participants Sloan Bohlen - Investor Relations Officer Arsen Kitch - CEO, President & Director Sherri Baker - Senior VP & CFO Conference Call Participants Sean Steuart - TD Cowen, Research Division Matthew McKellar - RBC Capital Markets, Research Division Presentation Operator Thank you for standing by. At this time, I would like to welcome everyone to today's Clearwater Paper Third Quarter 2025 Earnings Conference Call.
Clearwater Paper Corporation (CLW) Q2 2025 Earnings Call Transcript
Clearwater Paper Corporation (NYSE:CLW ) Q2 2025 Earnings Conference Call July 29, 2025 5:00 PM ET Company Participants Arsen S. Kitch - CEO, President & Director Sherri J.
Clearwater Paper Corporation: Attractive Valuation And Positive Upside To Price (Rating Upgrade)
We previously held a neutral rating on Clearwater Paper due to lack of catalysts, limited growth, and high maintenance CAPEX. After Q1 results and the Augusta Georgia facility acquisition, we upgraded Clearwater to Buy, seeing a constructive outlook. Q1 sales jumped 46% and adjusted EBITDA doubled to $30 million, beating Wall Street and management expectations.
Clearwater Paper Corporation (CLW) Q1 2025 Earnings Call Transcript
Start Time: 17:00 January 1, 0000 5:27 PM ET Clearwater Paper Corporation (NYSE:CLW ) Q1 2025 Earnings Conference Call April 29, 2025, 17:00 PM ET Company Participants Arsen Kitch - President, CEO and Director Sherri Baker - SVP and CFO Sloan Bohlen - IR Conference Call Participants Matthew McKellar - RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by. My name is Carmen, and I will be your conference operator today.
A Strong Quarter For Clearwater Paper, But I'm Not Convinced
Clearwater Paper Corporation has shown strong Q4 performance, beating Wall Street forecasts with significant EPS and revenue growth amidst a strategic overhaul. Despite high debt and declining EBITDA, Clearwater's cost-cutting measures and focus on paperboard manufacturing position it for potential long-term growth. Market conditions are stabilizing, with projected demand increases and a strategic divestment of the tissue business improving Clearwater's financial flexibility.
Clearwater Paper Corporation (CLW) Q4 2024 Earnings Conference Call Transcript
Clearwater Paper Corporation (NYSE:CLW ) Q4 2024 Earnings Conference Call February 13, 2025 5:00 PM ET Company Participants Sloan Bohlen - IR Arsen Kitch - President, CEO and Director Sherri Baker - SVP and CFO Conference Call Participants Matthew McKellar - RBC Capital Markets Operator Good afternoon, ladies and gentlemen, and thank you for standing by. My name is Kevin, and I will be your conference operator today.
Clearwater Paper Corporation (CLW) Q3 2024 Earnings Call Transcript
Clearwater Paper Corporation (NYSE:CLW ) Q3 2024 Earnings Conference Call November 4, 0000 5:00 PM ET Company Participants Sloan Bohlen - Investor Relations Arsen Kitch - President, Chief Executive Officer and Director Sherri Baker - Senior Vice President and Chief Financial Officer Conference Call Participants Matthew McKellar - RBC Capital Markets Operator Thank you for standing by. And welcome to the Clearwater Paper Third Quarter 2024 Earnings Conference Call.
