earnings
confidence high
sentiment negative
materiality 0.70
Clearwater Paper reports Q4 net loss of $6M; full-year net income $46M on 17% revenue growth
Clearwater Paper Corp
2022-FY EPS reported
$2.68
revenue$2,080,100,000
- Q4 net loss $6M ($0.34/diluted) vs Q4 2021 net income $10M ($0.56/diluted).
- Q4 net sales $527M (+8% YoY); adjusted EBITDA $28M vs $56M prior year.
- Full-year 2022 net income $46M ($2.68/diluted) vs net loss $28M in 2021; adjusted EBITDA $227M vs $175M.
- Paperboard segment Q4 op income $18M (down from $53M) due to maintenance, operational issues, weather; volumes -11%.
- Consumer Products segment Q4 op income $2M vs loss $8M; retail tissue volumes +2% YoY.