NYSE$CLW
Clearwater Paper Corporation · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Delivered strong performance due to continued elevated demand for tissue products and solid operational execution.
Clearwater Paper Corporation reported a strong fourth quarter and year-end 2020, driven by elevated demand for tissue products and solid operational execution. The company achieved a net income of $23 million, or $1.34 per diluted share, and net sales of $453 million, up 4.0% compared to the fourth quarter of 2019.
- Delivered strong performance due to continued elevated demand for tissue products and solid operational execution.
- Achieved net income of $23 million, or $1.34 per diluted share and Adjusted EBITDA of $72 million.
- Net sales of $453 million, up 4.0% compared to the fourth quarter of 2019.
- Net debt reduction of $58 million.
Headline financials
Revenue & EPS history
Clearwater Paper · Revenue · Quarterly
$453M
Forward guidance
For the first quarter of 2021, Clearwater Paper's primary focus will remain on the health and safety of its people while continuing to operate facilities and service customers. Demand for tissue products is expected to be volatile due to COVID-19 and will be lower than the first quarter of 2020. The company is anticipating some inflationary headwinds, notably in market pulp pricing.
Tailwinds
- Focus on health and safety of people.
- Continue to operate facilities.
- Continue to service customers.
Headwinds
- Demand for tissue products is expected to be volatile due to COVID-19.
- Demand will be lower than the first quarter of 2020.
- Anticipating some inflationary headwinds.
- Inflation notably in market pulp pricing.
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 Q4 2020
-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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