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Dec 31, 2021
Clearwater Paper Q4 2021 Earnings Report
Clearwater Paper reported solid performance driven by strength in the paperboard business, managing increased COVID related absences, supply chain disruptions, and weather impacts.
Key Takeaways
Clearwater Paper Corporation reported Q4 2021 financial results with net sales of $490 million, up 8% compared to Q4 2020. Net income was $10 million, or $0.56 per diluted share. The company delivered strong paperboard sales and greater stability in tissue demand.
Delivered solid performance due to continued strength in the paperboard business
Managed through increased COVID related absences, supply chain disruptions and weather impacts
Achieved net income of $10 million, or $0.56 per diluted share and Adjusted EBITDA of $56 million
Net sales of $490 million, up 8% compared to the fourth quarter of 2020
Forward Guidance
For 2022, the company is expecting continued strength in its paperboard markets, with tissue demand normalizing. While facing significant inflation and other supply chain disruptions, they believe they are well positioned operationally and financially to continue to execute well into the first quarter and the rest of 2022.
Positive Outlook
- Expecting continued strength in paperboard markets
- Tissue demand normalizing
- Well positioned operationally
- Well positioned financially
- Continue to execute well into the first quarter and the rest of 2022
Challenges Ahead
- Significant inflation
- Supply chain disruptions
Historical Earnings Impact
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Avg. Return Before/After Earnings
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