NYSE$CLW
Clearwater Paper Corporation · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported strong results despite hurricane impact and completed tissue business sale.
Clearwater Paper reported net sales from total operations of $644 million, up 24% from the third quarter of last year. Net income from total operations was $6 million, or $0.35 per diluted share, compared to $37 million, or $2.17 per diluted share in the third quarter of last year. Adjusted EBITDA from total operations was $64 million compared to $81 million in the third quarter of last year.
- Net sales from continuing operations were $393 million, up 41% from the third quarter of last year.
- Net sales from total operations were $644 million, up 24% from the third quarter of last year.
- Net loss from continuing operations was $11 million, or $0.64 per diluted share.
- The board approved a new $100 million share repurchase authorization.
Headline financials
Revenue & EPS history
Clearwater Paper · Revenue · Quarterly
$393M
Forward guidance
The company is taking actions to reduce costs to ensure strong cash flows and plans to use proceeds from the sale of the tissue business to de-lever the balance sheet and take advantage of opportunities to grow and diversify the paperboard product portfolio.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
-2.7%
Avg return
Earnings day
-4.4%
Avg return
5 days after
-4.0%
Avg return
30 days after
39%
26 / 66 earnings
Positive
+24.1%
Q1 2022
Best reaction
-33.5%
Q1 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -13.5% | -14.3% | +9.8% | |
| Q4 2025 | -8.6% | -15.1% | -26.6% | |
| Q3 2025 | -8.5% | -6.2% | -5.8% | |
| Q2 2025 | -18.4% | -24.9% | -26.7% | |
| Q1 2025 | +7.4% | +4.0% | +15.1% | |
| Q4 2024 | -8.4% | -3.9% | -17.6% | |
| Q3 2024 | +8.3% | +4.8% | +5.0% | |
| Q2 2024 | -23.3% | -34.5% | -39.1% | |
| Q1 2024 | +12.0% | +12.4% | +30.3% | |
| Q4 2023 | +3.4% | +7.5% | +21.7% | |
| Q3 2023 | -2.1% | +3.1% | +1.2% | |
| Q2 2023 | +14.8% | +10.9% | +18.8% | |
| Q1 2023 | -15.9% | -12.2% | -18.7% | |
| Q4 2022 | -0.2% | -1.0% | -10.8% | |
| Q3 2022 | -15.1% | -10.4% | -10.4% | |
| Q2 2022 | +15.3% | +20.1% | +18.4% | |
| Q1 2022 | +24.1% | +20.8% | +28.6% | |
| Q4 2021 | -12.7% | -7.4% | -6.0% | |
| Q3 2021 | +0.4% | -6.5% | +0.5% | |
| Q2 2021 | +2.1% | +8.4% | +18.5% | |
| Q1 2021 | -10.0% | -14.0% | -16.4% | |
| Q4 2020 | -18.7% | -15.1% | -11.4% | |
| Q3 2020 | -12.2% | -13.2% | -8.0% | |
| Q2 2020 | +2.5% | -4.7% | -14.1% | |
| Q1 2020 | +21.2% | +21.5% | +36.5% | |
| Q4 2019 | +10.2% | +11.2% | -18.5% | |
| Q3 2019 | +2.2% | -0.4% | +6.1% | |
| Q2 2019 | -13.9% | -0.3% | -18.5% | |
| Q1 2019 | -10.7% | -3.7% | -20.1% | |
| Q4 2018 | -16.0% | -17.0% | -25.4% | |
| Q3 2018 | -6.6% | -6.3% | -0.9% | |
| Q2 2018 | +11.9% | +14.8% | +28.5% | |
| Q1 2018 | -33.5% | -40.3% | -35.8% | |
| Q4 2017 | -25.1% | -23.0% | -13.8% | |
| Q3 2017 | +3.2% | +4.5% | +4.0% | |
| Q2 2017 | -9.2% | -9.0% | -6.6% | |
| Q1 2017 | -13.4% | -12.6% | -18.8% | |
| Q4 2016 | -6.7% | -3.9% | -17.3% | |
| Q3 2016 | -14.7% | -15.3% | -3.7% | |
| Q2 2016 | -7.1% | -5.4% | -11.0% | |
| Q1 2016 | +10.1% | — | — | |
| Q4 2015 | -5.9% | — | — | |
| Q3 2015 | +1.2% | — | — | |
| Q2 2015 | +10.2% | — | — | |
| Q1 2015 | +1.8% | — | — | |
| Q4 2014 | -17.4% | — | — | |
| Q3 2014 | +0.4% | — | — | |
| Q2 2014 | +12.0% | — | — | |
| Q1 2014 | -1.4% | — | — | |
| Q4 2013 | +9.6% | — | — | |
| Q3 2013 | +8.3% | — | — | |
| Q2 2013 | -0.7% | — | — | |
| Q1 2013 | -8.6% | — | — | |
| Q4 2012 | +4.3% | — | — | |
| Q3 2012 | -6.6% | — | — | |
| Q2 2012 | +4.9% | — | — | |
| Q1 2011 | -0.9% | — | — | |
| Q1 2012 | +7.2% | — | — | |
| Q4 2009 | -0.4% | — | — | |
| Q1 2010 | -0.4% | — | — | |
| Q4 2011 | -0.4% | — | — | |
| Q3 2011 | -1.8% | — | — | |
| Q3 2010 | -1.8% | — | — | |
| Q2 2010 | -5.2% | — | — | |
| Q4 2010 | -5.2% | — | — | |
| Q2 2011 | -5.2% | — | — |
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