Clearwater Paper (CLW) Tops Q4 EPS by 21c

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Clearwater Paper Reports Fourth Quarter and Year End 2019 Results

February 26, 2020 4:05 PM EST

SPOKANE, Wash.--(BUSINESS WIRE)-- Clearwater Paper Corporation (NYSE: CLW), a premier supplier of quality consumer tissue, away-from-home tissue, parent roll tissue and bleached paperboard today reported financial results for the fourth quarter and year ended 2019.

HIGHLIGHTS

Fourth quarter net income of $2 million, or $0.12 per diluted share Fourth quarter Adjusted EBITDA of $52 million, best result over the last eight quarters Fifth consecutive quarter of sequential sales growth for Consumer Products segment Fourth quarter operating cash flow up 50% versus the fourth quarter of 2018;... More