Reported Earnings • 22h
Second quarter 2026 earnings: EPS exceeds analyst expectations Second quarter 2026 results: US$1.33 loss per share (down from US$0.22 profit in 2Q 2025). Revenue: US$374.8m (down 4.3% from 2Q 2025). Net loss: US$21.5m (down US$25.1m from profit in 2Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.0%. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Forestry industry in North America. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Jul 24
Clearwater Paper Launches Circa™ Recycled Paperboard in Collaboration with Greenpaper for U.S. Market Clearwater Paper Corporation announced the launch of Circa paperboard, a new line of coated recycled board (CRB) for folding carton and carrier applications in the United States, developed through a strategic collaboration with Greenpaper, a global producer of 100% recycled fiber paperboard. Circa paperboard expands Clearwater Paper’s portfolio with a high-performance recycled option designed to deliver dependable converting performance, reliable supply and strong value for everyday packaging applications. Through the collaboration with Greenpaper, Clearwater Paper is bringing a high-quality recycled paperboard offering to the U.S. market that complements its premium solid bleached sulfate (SBS) portfolio and strengthens its ability to serve customers across more applications. Circa paperboard offers converters and brand owners a cost-effective, sustainable packaging alternative. The line includes Circa Carton, a coated recycled folding carton board, and Circa Carrier, a high-strength carrier board engineered for demanding environments. Made from 100% recycled fiber, Circa paperboard supports customers’ sustainability goals while maintaining the strength and performance required across a wide range of packaging applications. Greenpaper produces paperboard on its newly-reinvested state-of-the-art recycled paper machine using a circular manufacturing model that incorporates post-consumer materials into new packaging solutions. By combining Clearwater Paper’s market reach, support and service with Greenpaper’s manufacturing capabilities, the collaboration expands access to CRB to independent converters in the United States. Price Target Changed • Jul 16
Price target increased by 7.5% to US$18.00 Up from US$16.75, the current price target is an average from 4 analysts. New target price is 10% above last closing price of US$16.30. Stock is down 44% over the past year. The company is forecast to post a net loss per share of US$3.41 next year compared to a net loss per share of US$3.28 last year. Announcement • Jul 15
Clearwater Paper Corporation to Report Q2, 2026 Results on Jul 28, 2026 Clearwater Paper Corporation announced that they will report Q2, 2026 results After-Market on Jul 28, 2026 Board Change • Jul 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Independent Director Jeanne Hillman was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 16
Clearwater Paper Corporation to Report Q1, 2026 Results on Apr 28, 2026 Clearwater Paper Corporation announced that they will report Q1, 2026 results After-Market on Apr 28, 2026 Announcement • Apr 10
Clearwater Paper Corporation Reduces Approximately 20% of Salaried and Hourly Roles at Cypress Bend, Arkansas Facility Clearwater Paper Corporation announced the restructuring of its Cypress Bend, Arkansas facility, resulting in the reduction of approximately 20% of salaried and hourly roles at the facility. The company planned to operate the facility at about half of its production capability. The company expected these actions to deliver $8 million to $12 million of annualized cost savings, while not impacting shipment volumes. The company provided severance packages, healthcare subsidies, and outplacement services to impacted employees, and worked with the union through effects bargaining. Announcement • Mar 30
Clearwater Paper Corporation Launches Velora Lightweight Paperboard for Everyday Packaging Clearwater Paper Corporation introduced Velora, a new lightweight folding carton paperboard engineered to deliver dependable performance, higher yield and strong value for everyday packaging. Velora is designed for converters and brand owners seeking reliable packaging performance without moving into premium SBS grades. Made for folding carton and foodservice applications, the product combines strength, versatility and lower basis weights across the caliper range. Velora’s lighter fiber structure supports material reduction and helps customers manage sustainability commitments and regulatory costs. Made in the USA from domestic and imported materials, Velora also provides stable supply and consistent lead times. Velora meets key food-contact, health and environmental standards, including SFI fiber sourcing and FDA 21 CFR compliance. Announcement • Mar 07
Clearwater Paper Corporation, Annual General Meeting, May 07, 2026 Clearwater Paper Corporation, Annual General Meeting, May 07, 2026. Location: hyatt regency, seattle 808 howell st., seattle United States Reported Earnings • Feb 19
Full year 2025 earnings released: US$3.28 loss per share (vs US$4.41 loss in FY 2024) Full year 2025 results: US$3.28 loss per share (improved from US$4.41 loss in FY 2024). Revenue: US$1.56b (up 12% from FY 2024). Net loss: US$53.0m (loss narrowed 28% from FY 2024). Revenue is forecast to stay flat during the next 3 years compared to a 5.3% growth forecast for the Forestry industry in North America. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Announcement • Feb 19
Clearwater Paper Corporation Provides Earnings Guidance for Fiscal Year 2026 Clearwater Paper Corporation provided earnings guidance for fiscal year 2026. For the year, the company expects revenue of $1.4 Billion to $1.5 Billion, with capacity utilization rate in the mid 80% range. Buy Or Sell Opportunity • Feb 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.0% to US$16.56. The fair value is estimated to be US$20.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Meanwhile, the company became loss making. Announcement • Feb 06
Clearwater Paper Corporation to Report Q4, 2025 Results on Feb 18, 2026 Clearwater Paper Corporation announced that they will report Q4, 2025 results After-Market on Feb 18, 2026 Recent Insider Transactions Derivative • Nov 29
Senior Vice President of Operations notifies of intention to sell stock Steven Bowden intends to sell 9k shares in the next 90 days after lodging an Intent To Sell Form on the 28th of November. If the sale is conducted around the recent share price of US$18.14, it would amount to US$161k. Since March 2025, Steven has owned 66.00k shares directly. There has only been one transaction (US$129k sale) from insiders over the last 12 months. Price Target Changed • Oct 31
Price target decreased by 9.1% to US$30.00 Down from US$33.00, the current price target is an average from 2 analysts. New target price is 70% above last closing price of US$17.65. Stock is down 32% over the past year. The company posted a net loss per share of US$4.41 last year. Reported Earnings • Oct 29
Third quarter 2025 earnings released: US$3.34 loss per share (vs US$0.65 loss in 3Q 2024) Third quarter 2025 results: US$3.34 loss per share (further deteriorated from US$0.65 loss in 3Q 2024). Revenue: US$399.0m (up 1.4% from 3Q 2024). Net loss: US$53.9m (loss widened 399% from 3Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 3.3% growth forecast for the Forestry industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Announcement • Oct 15
Clearwater Paper Corporation to Report Q3, 2025 Results on Oct 28, 2025 Clearwater Paper Corporation announced that they will report Q3, 2025 results After-Market on Oct 28, 2025 Price Target Changed • Sep 22
Price target decreased by 11% to US$33.00 Down from US$37.00, the current price target is an average from 2 analysts. New target price is 46% above last closing price of US$22.55. Stock is down 24% over the past year. The company posted a net loss per share of US$4.41 last year. Announcement • Jul 16
Clearwater Paper Corporation to Report Q2, 2025 Results on Jul 29, 2025 Clearwater Paper Corporation announced that they will report Q2, 2025 results After-Market on Jul 29, 2025 Buy Or Sell Opportunity • Jun 25
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 6.8% to US$27.67. The fair value is estimated to be US$22.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Meanwhile, the company became loss making. Announcement • May 13
Clearwater Paper Corporation Announces Executive Changes, Effective July 1, 2025 Clearwater Paper Corporation announced that on July 1, 2025, Michael S. Gadd will step down as Senior Vice President, General Counsel and will serve as a Senior Vice President of the Company. He will continue to work on ongoing matters and assist the Company in the transition of the General Counsel position. His annual base salary will be $360,000 per year and he will otherwise continue to participate in the Company’s existing annual and long term incentive plans and Executive Severance Plan and Change of Control Plan for executive employees (as described in the Company’s most recent proxy statement). Effective July 1, 2025, Marc D. Rome, will assume the role of Senior Vice President, General Counsel of the Company and continue to serve as Corporate Secretary of the Company. Mr. Rome currently serves as Associate General Counsel, Corporate Secretary for the Company. He has served as Associate General Counsel since December 2023 and Corporate Secretary since October 2024. Prior to joining the Company, Mr. Rome was Vice President, Deputy General Counsel, Corporate and Assistant Secretary at eBay Inc. from 2018 to 2021. Mr. Rome received his B.A. from the University of San Francisco and his J.D. from Georgetown University Law Center. Buy Or Sell Opportunity • May 08
Now 24% overvalued Over the last 90 days, the stock has fallen 12% to US$27.37. The fair value is estimated to be US$22.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 30
First quarter 2025 earnings released: US$0.36 loss per share (vs US$1.04 profit in 1Q 2024) First quarter 2025 results: US$0.36 loss per share (down from US$1.04 profit in 1Q 2024). Revenue: US$378.2m (down 24% from 1Q 2024). Net loss: US$5.90m (down 134% from profit in 1Q 2024). Revenue is forecast to stay flat during the next 2 years compared to a 2.5% growth forecast for the Forestry industry in the US. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Apr 16
Clearwater Paper Corporation to Report Q1, 2025 Results on Apr 29, 2025 Clearwater Paper Corporation announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2025 Announcement • Mar 31
Clearwater Paper Corporation, Annual General Meeting, May 08, 2025 Clearwater Paper Corporation, Annual General Meeting, May 08, 2025. Location: hyatt regency, 808 howell street, wa98101, seattle United States Recent Insider Transactions Derivative • Feb 28
Insider notifies of intention to sell stock Kari Moyes intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 27th of February. If the sale is conducted around the recent share price of US$26.72, it would amount to US$74k. Since March 2024, Kari has owned 60.52k shares directly. There has only been one transaction (US$129k sale) from insiders over the last 12 months. Reported Earnings • Feb 14
Full year 2024 earnings released: US$10.98 loss per share (vs US$6.39 profit in FY 2023) Full year 2024 results: US$10.98 loss per share (down from US$6.39 profit in FY 2023). Revenue: US$1.38b (down 34% from FY 2023). Net loss: US$184.2m (down 271% from profit in FY 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Forestry industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Feb 04
Clearwater Paper Corporation to Report Q4, 2024 Results on Feb 13, 2025 Clearwater Paper Corporation announced that they will report Q4, 2024 results After-Market on Feb 13, 2025 Recent Insider Transactions Derivative • Jan 07
Independent Director exercised options and sold US$129k worth of stock On the 2nd of January, John Laymon exercised options to acquire 4k shares at no cost and sold these for an average price of US$29.51 per share. This trade did not impact their existing holding. As of today, John currently holds no shares directly. This was the only transaction from an insider over the last 12 months. Board Change • Jan 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Jeanne Hillman was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 05
Clearwater Paper Corporation (NYSE:CLW) announces an Equity Buyback for $100 million worth of its shares. Clearwater Paper Corporation (NYSE:CLW) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its shares. The repurchase program has no expiration date. Announcement • Nov 01
Sofidel America Corporation completed the acquisition of Clearwater Paper Tissue, LLC and Consumer Product Division Facility Located in Lewiston, Idaho from Clearwater Paper Corporation (NYSE:CLW). Sofidel America Corporation agreed to acquire Clearwater Paper Tissue, LLC and Consumer Product Division Facility Located in Lewiston, Idaho from Clearwater Paper Corporation (NYSE:CLW) for $1.1 billion on July 21, 2024. The purchase price is subject to adjustments for debt, cash, transaction expenses and net working capital. The $1.06 billion price represents a multiple of approximately six times the Adjusted EBITDA of Clearwater Paper’s tissue segment during the twelve months ending March 31, 2024. The Company expects net proceeds from the transaction of approximately $850 million, which it intends to use to meaningfully de-lever its balance sheet and invest in growth initiatives for its continuing operations. The transaction is subject to customary closing conditions, including the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and regulatory approvals. The transaction is expected to close in the latter part of 2024. As per filing on August 6, 2024 The transaction is expected to close in the fourth quarter of 2024.
Goldman Sachs & Co. LLC acted as financial advisor for Clearwater Paper Corporation. Justin Hovey, Veronica Nunn, Mario Dottori, Sarvesh Mahajan, Philip Tendler, Joseph Fastiggi; Noa Clark, Michael Sibarium, Evan Storm; Christine Richardson and Peter Hunt, Ed Cavazos, Sandro Serra; Julie Divola; Matthew Rabinowitz, Alex Lathrop; Bryan Coffey; Aimee Ghosh and Brandon Eckford of Pillsbury Winthrop Shaw Pittman LLP acted as legal advisors for Clearwater Paper Corporation. Matthew P. Salerno and Charles W. Allen from New York office and Roberto Bonsignore and David Singer from Milano office of Cleary Gottlieb Steen & Hamilton LLP acted as legal advisors to Sofidel America Corp. in the transaction. Lazard, Inc. acted as financial advisor to Sofidel America Corporation in the transaction.
Sofidel America Corporation completed the acquisition of Clearwater Paper Tissue, LLC and Consumer Product Division Facility Located in Lewiston, Idaho from Clearwater Paper Corporation (NYSE:CLW) on November 1, 2024. Announcement • Oct 22
Clearwater Paper Corporation to Report Q3, 2024 Results on Nov 04, 2024 Clearwater Paper Corporation announced that they will report Q3, 2024 results After-Market on Nov 04, 2024 Announcement • Oct 03
Clearwater Provides an Update of Impact on Operations from Hurricane Helene Clearwater Paper Corporation announced that it temporarily suspended operations at its Augusta, Georgia paperboard facility and its Shelby, North Carolina tissue facility due to the impacts from Hurricane Helene. There was no serious damage to equipment and both facilities are resuming operations. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to US$30.51, the stock trades at a trailing P/E ratio of 11.1x. Average forward P/E is 10x in the Forestry industry in North America. Total loss to shareholders of 3.2% over the past three years. New Risk • Aug 08
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 31% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (167% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Reported Earnings • Aug 07
Second quarter 2024 earnings released: US$1.55 loss per share (vs US$1.76 profit in 2Q 2023) Second quarter 2024 results: US$1.55 loss per share (down from US$1.76 profit in 2Q 2023). Revenue: US$586.4m (up 12% from 2Q 2023). Net loss: US$25.8m (down 187% from profit in 2Q 2023). Revenue is expected to decline by 15% p.a. on average during the next 3 years, while revenues in the Forestry industry in North America are expected to grow by 5.4%. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$55.35, the stock trades at a trailing P/E ratio of 9.1x. Average forward P/E is 3x in the Forestry industry in North America. Total returns to shareholders of 87% over the past three years. Announcement • Jul 22
Clearwater Paper Corporation to Report Q2, 2024 Results on Aug 06, 2024 Clearwater Paper Corporation announced that they will report Q2, 2024 results After-Market on Aug 06, 2024 Board Change • Jun 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Jeanne Hillman was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$47.84, the stock trades at a trailing P/E ratio of 7.9x. Average forward P/E is 4x in the Forestry industry in North America. Total returns to shareholders of 61% over the past three years. Announcement • May 03
Clearwater Paper Corporation (NYSE:CLW) completed the acquisition of Paperboard manufacturing facility of Graphic Packaging Holding Company. Clearwater Paper Corporation (NYSE:CLW) signed a definitive agreement to acquire Paperboard manufacturing facility of Graphic Packaging Holding Company for $700 million on February 19, 2024. The purchase price is funded through a combination of cash on hand and committed debt financing. On February 19, 2024, Clearwater entered into a commitment letter with AgWest Farm Credit, PCA (AgWest), CoBank, FCB (CoBank) and Coöperatieve Rabobank U.A. (Rabobank), in which AgWest and CoBank, agreed to provide a 5-year term revolver credit facility in an aggregate principal amount of up to $270 million via a refinancing of the Company’s existing term revolver credit agreement in the event that the required consents or amendments from the existing lenders and voting participants cannot be obtained. In addition, AgWest agreed to provide a new 7-year farm credit term loan facility in the aggregate principal amount of $340 million and Rabobank agreed to provide a new 5-year commercial bank term loan facility in the aggregate principal amount of $150 million.The transaction is subjected to regulatory approvals and expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. The transaction is expected to be completed in the second Quarter of 2024. TD Securities (USA) LLC acted as financial advisor, Pillsbury Winthrop Shaw Pittman LLP acted as legal advisor to Clearwater Paper Corporation (NYSE:CLW). BofA Securities, Inc. acted as financial advisor, Scott Kitchens, Justin Howard, Amber Pelot, Sarah Hess Mackenzie, Douglas Arnold, Richard Grice, Paul Hespel, Scott Ortwein, David Rutherford, Sam Kaywood, Blake MacKay, Brian Harvel, Brian Harvel and Brett Coburn of Alston & Bird LLP acted as legal advisor to Graphic Packaging International, LLC.Clearwater Paper Corporation (NYSE:CLW) completed the acquisition of Paperboard manufacturing facility of Graphic Packaging Holding Company on May 1, 2024. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: US$1.04 (vs US$1.41 in 1Q 2023) First quarter 2024 results: EPS: US$1.04 (down from US$1.41 in 1Q 2023). Revenue: US$496.2m (down 5.6% from 1Q 2023). Net income: US$17.2m (down 28% from 1Q 2023). Profit margin: 3.5% (down from 4.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Forestry industry in North America. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Apr 17
Clearwater Paper Corporation to Report Q1, 2024 Results on Apr 29, 2024 Clearwater Paper Corporation announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2024 Announcement • Mar 30
Clearwater Paper Corporation, Annual General Meeting, May 09, 2024 Clearwater Paper Corporation, Annual General Meeting, May 09, 2024, at 09:00 Pacific Daylight. Location: Grand Hyatt Seattle 721 Pine Street, Seattle Washington United States Agenda: To consider election of directors; to consider ratification of the appointment of independent registered public accounting firm; to approve executive officer compensation; and to consider other matters. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$40.47, the stock trades at a trailing P/E ratio of 6.2x. Average forward P/E is 10x in the Forestry industry in North America. Total returns to shareholders of 11% over the past three years. Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: US$6.39 (vs US$2.71 in FY 2022) Full year 2023 results: EPS: US$6.39 (up from US$2.71 in FY 2022). Revenue: US$2.08b (flat on FY 2022). Net income: US$107.7m (up 134% from FY 2022). Profit margin: 5.2% (up from 2.2% in FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Price Target Changed • Feb 10
Price target decreased by 7.1% to US$39.00 Down from US$42.00, the current price target is provided by 1 analyst. New target price is 15% above last closing price of US$33.84. Stock is down 7.8% over the past year. The company posted earnings per share of US$2.71 last year. Announcement • Feb 08
Clearwater Paper Corporation to Report Q4, 2023 Results on Feb 21, 2024 Clearwater Paper Corporation announced that they will report Q4, 2023 results on Feb 21, 2024 Announcement • Nov 12
Clearwater Paper Suspends Idaho Operations Due to Regional Natural Gas Pipeline Incident Clearwater Paper Corporation reported that it temporarily suspended certain manufacturing operations at its Lewiston, Idaho facility. An incident impacting the regional natural gas system has resulted in the disruption of natural gas deliveries to the mill and the surrounding areas. Price Target Changed • Nov 01
Price target decreased by 7.1% to US$39.00 Down from US$42.00, the current price target is provided by 1 analyst. New target price is 13% above last closing price of US$34.53. Stock is down 9.7% over the past year. The company posted earnings per share of US$2.71 last year. Reported Earnings • Oct 31
Third quarter 2023 earnings released: EPS: US$2.19 (vs US$1.23 in 3Q 2022) Third quarter 2023 results: EPS: US$2.19 (up from US$1.23 in 3Q 2022). Revenue: US$519.9m (down 3.5% from 3Q 2022). Net income: US$36.6m (up 78% from 3Q 2022). Profit margin: 7.0% (up from 3.8% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Forestry industry in North America are expected to grow by 3.8%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Oct 17
Clearwater Paper Corporation to Report Q3, 2023 Results on Oct 30, 2023 Clearwater Paper Corporation announced that they will report Q3, 2023 results on Oct 30, 2023 Recent Insider Transactions Derivative • Aug 07
Senior VP notifies of intention to sell stock Michael Gadd intends to sell 6k shares in the next 90 days after lodging an Intent To Sell Form on the 4th of August. If the sale is conducted around the recent share price of US$36.02, it would amount to US$223k. Since December 2022, Michael's direct individual holding has increased from 50.04k shares to 56.61k. Company insiders have collectively sold US$498k more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Aug 02
Second quarter 2023 earnings released: EPS: US$1.76 (vs US$0.87 in 2Q 2022) Second quarter 2023 results: EPS: US$1.76 (up from US$0.87 in 2Q 2022). Revenue: US$524.6m (flat on 2Q 2022). Net income: US$29.7m (up 102% from 2Q 2022). Profit margin: 5.7% (up from 2.8% in 2Q 2022). Revenue is expected to decline by 2.0% p.a. on average during the next 3 years, while revenues in the Forestry industry in the US are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jul 21
Clearwater Paper Corporation to Report Q2, 2023 Results on Aug 01, 2023 Clearwater Paper Corporation announced that they will report Q2, 2023 results on Aug 01, 2023 Announcement • Jun 29
Clearwater Paper Corporation Announces Chief Financial Officer Changes On June 23, 2023, the Board of Directors of Clearwater Paper Corporation elected Rebecca A. Barckley as Interim Chief Financial Officer, effective July 1, 2023. The Company is currently engaged in a search for a permanent Chief Financial Officer. Ms. Barckley will serve as Interim CFO until a permanent CFO is in place for the Company, and she will also continue in her role as Vice President, Corporate Controller, Principal Accounting Officer for the Company. Ms. Barckley has assumed the duties and responsibilities of CFO from Michael J. Murphy will leave the Company on June 30, 2023, as previously reported. Ms. Barckley, age 60, has served as Vice President, Corporate Controller of the Company since January 2020. Before joining the Company, Ms. Barckley worked for Louisiana Pacific Corporation (LP), where she spent 20 years in progressively increasing leadership roles in finance and accounting including from 2010 through December 2019, serving as LP’s Corporate Controller Financial Reporting, Principal Accounting Officer. Ms. Barckley earned her Bachelor of Business Administration, Accounting from California State University, Fresno. Recent Insider Transactions • May 28
Insider recently sold US$83k worth of stock On the 23rd of May, Rebecca Barckley sold around 3k shares on-market at roughly US$33.00 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$88k. Insiders have been net sellers, collectively disposing of US$498k more than they bought in the last 12 months. Recent Insider Transactions Derivative • May 08
Senior VP notifies of intention to sell stock Michael Gadd intends to sell 6k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of May. If the sale is conducted around the recent share price of US$32.15, it would amount to US$197k. Since September 2022, Michael's direct individual holding has increased from 58.54k shares to 62.73k. Company insiders have collectively sold US$415k more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: US$1.41 (vs US$0.99 in 1Q 2022) First quarter 2023 results: EPS: US$1.41 (up from US$0.99 in 1Q 2022). Revenue: US$525.4m (up 7.6% from 1Q 2022). Net income: US$23.8m (up 43% from 1Q 2022). Profit margin: 4.5% (up from 3.4% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years, in line with the revenue forecast for the Forestry industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year. Price Target Changed • Apr 24
Price target increased by 11% to US$42.00 Up from US$38.00, the current price target is provided by 1 analyst. New target price is 29% above last closing price of US$32.67. Stock is up 21% over the past year. The company posted earnings per share of US$2.71 last year. Recent Insider Transactions • Apr 18
Senior VP of Finance & CFO recently sold US$88k worth of stock On the 14th of April, Michael Murphy sold around 3k shares on-market at roughly US$32.88 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$327k. This was Michael's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Mar 06
Senior VP of Finance & CFO notifies of intention to sell stock Michael Murphy intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 28th of February. If the sale is conducted around the recent share price of US$38.16, it would amount to US$192k. Since March 2022, Michael's direct individual holding has increased from 3.79k shares to 24.75k. There has only been one transaction (US$327k sale) from insiders over the last 12 months. Recent Insider Transactions • Mar 05
Senior VP recently sold US$327k worth of stock On the 24th of February, Michael Gadd sold around 9k shares on-market at roughly US$37.63 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Recent Insider Transactions Derivative • Mar 02
Senior VP notifies of intention to sell stock Michael Gadd intends to sell 9k shares in the next 90 days after lodging an Intent To Sell Form on the 24th of February. If the sale is conducted around the recent share price of US$37.51, it would amount to US$326k. Since March 2022, Michael's direct individual holding has decreased from 58.24k shares to 50.04k. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Feb 16
Full year 2022 earnings released: EPS: US$2.71 (vs US$1.68 loss in FY 2021) Full year 2022 results: EPS: US$2.71 (up from US$1.68 loss in FY 2021). Revenue: US$2.08b (up 17% from FY 2021). Net income: US$46.0m (up US$74.1m from FY 2021). Profit margin: 2.2% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years, in line with the revenue forecast for the Forestry industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year. Announcement • Feb 01
Clearwater Paper Corporation to Report Q4, 2022 Results on Feb 14, 2023 Clearwater Paper Corporation announced that they will report Q4, 2022 results on Feb 14, 2023 