Clearwater Paper (NYSE:CLW) Releases Earnings Results, Misses Expectations By $0.84 EPS

Clearwater Paper (NYSE:CLW) issued its earnings results on Thursday. The basic materials company reported ($1.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.33) by ($0.84), Zacks reports. Clearwater Paper had a net margin of 0.74% and a return on equity of 4.35%. Clearwater Paper updated its FY 2025 guidance to EPS.

Clearwater Paper Stock Performance

CLW traded down $3.51 on Friday, hitting $25.57. 215,157 shares of the company’s stock were exchanged, compared to its average volume of 296,149. The firm has a market cap of $423.69 million, a PE ratio of 29.65 and a beta of 0.35. Clearwater Paper has a twelve month low of $23.97 and a twelve month high of $57.13. The stock has a fifty day moving average of $29.53 and a two-hundred day moving average of $30.29. The company has a current ratio of 1.78, a quick ratio of 1.13 and a debt-to-equity ratio of 1.72.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. StockNews.com lowered shares of Clearwater Paper from a “hold” rating to a “sell” rating in a research note on Wednesday, November 6th. Royal Bank of Canada restated an “outperform” rating and issued a $37.00 target price on shares of Clearwater Paper in a research note on Tuesday, November 5th.

Clearwater Paper announced that its board has authorized a stock repurchase program on Monday, November 4th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the basic materials company to buy up to 23.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

Clearwater Paper Company Profile

Clearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the United States and internationally. It operates through Pulp and Paperboard, and Consumer Products segments. The Pulp and Paperboard segment manufactures and markets bleached paperboard; Solid Bleached Sulfate paperboard that is used to produce folding cartons, liquid packaging, cups and plates, blister and carded packaging, and top sheet and commercial printing items; and hardwood and softwood pulp, as well as offers services that include custom sheeting, slitting, and cutting.