Clearwater Paper Corp. (CLW)
NYSE:CLW
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Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-1.61Last Year’s EPS
0.17Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveyed a balanced view: management highlighted operational resilience (5% shipment growth), a slight adjusted EBITDA beat, product innovation (Velora), cost reductions (Cypress Bend savings) and meaningful insurance recoveries, while also disclosing significant near-term headwinds including a Q1 net loss, weather-related EBITDA hits (~$15M), ongoing input-cost inflation ($3M–$5M per quarter), difficult pricing dynamics in an oversupplied market, and planned maintenance that pressures Q2 results. Management provided a credible plan to control costs, protect share, and pursue refinancing, and cited industry indicators (imports down, SBS demand growth, expected higher operating rates) that could support recovery later in the year.Company Guidance
Shipment Volume Growth
Shipment volumes increased 5% year-over-year in Q1 2026, driven by share gains and continued growth in foodservice.
Adjusted EBITDA Slight Beat
Adjusted EBITDA was $2.0 million in Q1, slightly above guidance (guidance contemplated breakeven), despite operating challenges.
New Product Launch — Velora
Launched Velora, a new lightweight folding carton paperboard brand positioned to compete with imported FBB and broaden product offerings.
Cypress Bend Cost Reduction
Restructured Cypress Bend mill (reduction of ~20% of roles) and plan to run at reduced rates; expected annualized cost savings of approximately $8 million to $12 million.
Labor Stability at Lewiston
Lewiston, Idaho union ratified a new 4-year labor agreement providing competitive wages/benefits and operational flexibility.
Insurance Recoveries Strengthen Cash Position
Received $17.5 million in representation and warranty insurance proceeds in Q1 (over $40 million total received to date) and pursuing recovery of ~ $50 million remaining policy limit.
Sold-Out Position and Strong Backlogs in Extruded Products
Extruded products (cup and polycoated folding carton) are sold out with strong backlogs, supporting pricing action potential and stable demand.
Industry Supply/Demand Improvements Expected
Company cites reduction of excess industry supply by ~50% from recent capacity actions; RISI forecasts industry operating rates near ~90% by year-end and SBS forecasted to grow ~4% in 2026, which management expects will support margin recovery.
Cost Discipline and SG&A Performance
SG&A as a percentage of sales remained below target range of 6%–7%, described as best-in-class in the industry.
Full-Year Financial Framework and Path to Neutral Cash Flow
Full-year guidance: revenue $1.4B–$1.5B, capex $65M–$75M, major maintenance $45M–$50M; company believes there is a path to breakeven or better free cash flow for the year through cost actions, insurance recoveries, expected tax refund (~$27M–$28M full year, $4M received in Q1) and working capital improvements.
CLW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CLW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $14.85 | ― | ― |
Feb 18, 2026 | $16.94 | $15.36 | -9.33% |
Oct 28, 2025 | $19.31 | $17.66 | -8.54% |
Jul 29, 2025 | $29.44 | $24.05 | -18.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Clearwater Paper Corp. (CLW) report earnings?
Clearwater Paper Corp. (CLW) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).
What is Clearwater Paper Corp. (CLW) earnings time?
Clearwater Paper Corp. (CLW) earnings time is at Aug 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CLW EPS forecast?
CLW EPS forecast for the fiscal quarter 2026 (Q2) is -1.61.