Clearwater Paper Reports Third Quarter 2024 Results; Board Approves New $100M Share Repurchase Authorization
Clearwater Paper Corporation (CLW)
Last clearwater paper corporation earnings: 2/26 04:05 pm
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US:NYSE Investor Relations:
ir.clearwaterpaper.com/investor-relations
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Source: Business Wire
SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE:CLW), a premier independent supplier of bleached paperboard to North American converters today reported financial results for the third quarter and nine months ended September 30, 2024.THIRD QUARTER HIGHLIGHTSWith the consummation of the sale of our tissue business on November 1, 2024, all periods presented include our former tissue segment as discontinued operations and the paperboard segment plus corporate expenses as continuing operations. Total operations includes both continuing and discontinued operations.Net sales from continuing operations of $393 million, up 41% from the third quarter of last year primarily due to incremental volume from our Augusta facilityNet sales from total operations of $644 million, up 24% from the third quarter of last yearNet loss from continuing operations of $11 million, or 0.64 per diluted share compared to net income from continuing operations of $15 million, or $0.88 per dilu
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CLW
News
- Clearwater Paper Co. (NYSE: CLW) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Clearwater Paper Co. (NYSE: CLW) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $37.00 price target on the stock.MarketBeat
- Clearwater Paper Corp (CLW) Q3 2024 Earnings Call Highlights: Strategic Moves Amid Market Challenges [Yahoo! Finance]Yahoo! Finance
- Clearwater Paper Reports Third Quarter 2024 Results; Board Approves New $100M Share Repurchase Authorization [Yahoo! Finance]Yahoo! Finance
- Clearwater Paper Corporation (CLW) Divests Tissue Business, Boosts Paperboard Focus [Yahoo! Finance]Yahoo! Finance
CLW
Sec Filings
- 11/12/24 - Form 8-K
- 11/8/24 - Form SC
- 11/4/24 - Form 10-Q
- CLW's page on the SEC website