Clearwater Paper Reports Fourth Quarter and Year End 2023 Results; Strategic Update [Yahoo! Finance]
Clearwater Paper Corporation (CLW)
Last clearwater paper corporation earnings: 2/26 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.clearwaterpaper.com/investor-relations
Company Research
Source: Yahoo! Finance
paperboard today reported financial results for the fourth quarter and year ended December 31, 2023. 2023 FOURTH QUARTER HIGHLIGHTS Strong performance driven by solid operational results and continued strength in tissue Natural gas disruption impacted Lewiston mill operations in November Net income of $18 million, or $1.04 per diluted share and Adjusted EBITDA of $63 million Net sales of $513 million, down 3% compared to the fourth quarter of 2022 Reduced net debt by $32 million, repurchased $3 million of outstanding shares, with $7 million remaining under program 2023 FULL YEAR HIGHLIGHTS Outstanding year driven by performance improvement in tissue Net income of $108 million, or $6.30 per diluted share and Adjusted EBITDA of $281 million, up $54 million versus 2022 Net sales of $2.1 billion, flat compared with 2022, strong tissue demand offset softness in paperboard Net debt reduction of $89 million, more than $450 million since 2020; completed refinancing of 20
Show less
Read more
Impact Snapshot
Event Time:
CLW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CLW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CLW alerts
High impacting Clearwater Paper Corporation news events
Weekly update
A roundup of the hottest topics
CLW
News
- Clearwater Paper Announces Availability and Timing of First Quarter 2024 Earnings Conference Call and WebcastBusiness Wire
- Tissue Paper Market size to grow by 29.39 billion during 2024-2028, 4.8% YOY market growth recorded in 2023-2024, Technavio [Yahoo! Finance]Yahoo! Finance
- Clearwater Paper: Bolt Moves [Seeking Alpha]Seeking Alpha
- Clearwater Paper Co. (NYSE: CLW) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Clearwater Paper Corporation (NYSE:CLW) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
CLW
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- CLW's page on the SEC website