Clearwater Paper (CLW) Tops Q2 EPS by 42c

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Go back to Clearwater Paper (CLW) Tops Q2 EPS by 42c

Clearwater Paper Reports Second Quarter 2021 Results

August 4, 2021 4:05 PM EDT

SPOKANE, Wash.--(BUSINESS WIRE)-- Clearwater Paper Corporation (NYSE: CLW), a premier supplier of quality tissue and bleached paperboard products, today reported financial results for the second quarter of 2021.

SECOND QUARTER HIGHLIGHTS

Net loss of $52 million, or $3.10 per diluted share Adjusted EBITDA of $15 million Successfully completed planned major maintenance at the Lewiston, Idaho facility ($22 million Adjusted EBITDA impact) Announced closure of Neenah, Wisconsin tissue facility Continued to reduce net debt

We performed better than our initial expectations for the... More