Clearwater Paper (CLW) Misses Q4 EPS by 8c

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Clearwater Paper Reports Fourth Quarter and Year End 2020 Results

February 25, 2021 4:05 PM EST

SPOKANE, Wash.--(BUSINESS WIRE)-- Clearwater Paper Corporation (NYSE: CLW), a premier supplier of quality consumer tissue and bleached paperboard today reported financial results for the fourth quarter and year ended December 31, 2020.

2020 FOURTH QUARTER HIGHLIGHTS

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

2020 FULL YEAR... More