Clearwater Paper (NYSE:CLW) Announces Earnings Results, Misses Estimates By $0.84 EPS

Clearwater Paper (NYSE:CLW) released 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 return on equity of 4.35% and a net margin of 0.74%. Clearwater Paper updated its FY 2025 guidance to EPS.

Clearwater Paper Trading Down 7.8 %

NYSE:CLW opened at $26.80 on Friday. The stock has a fifty day simple moving average of $29.53 and a 200 day simple moving average of $30.09. The company has a quick ratio of 1.13, a current ratio of 1.78 and a debt-to-equity ratio of 1.72. The firm has a market capitalization of $444.14 million, a price-to-earnings ratio of 31.17 and a beta of 0.35. Clearwater Paper has a 1-year low of $23.97 and a 1-year high of $57.13.

Analyst Upgrades and Downgrades

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

Clearwater Paper declared that its board has authorized a share buyback plan on Monday, November 4th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the basic materials company to buy up to 23.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s leadership believes its stock is 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.