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Dec 31, 2022
Clearwater Paper Q4 2022 Earnings Report
Clearwater Paper reported a net loss of $6 million and net sales of $527 million, which is up 8% compared to Q4 2021.
Key Takeaways
Clearwater Paper Corporation reported fourth quarter 2022 financial results, which were impacted by operational and weather-related issues. Net sales increased by 8% compared to the fourth quarter of 2021, but the company experienced a net loss of $6 million. Despite the challenges in the fourth quarter, the company delivered strong performance for the full year due to robust demand for paperboard products.
Operational and weather-related issues impacted paperboard operations.
Completed planned major maintenance at the Lewiston, Idaho facility.
Net loss of $6 million, or $0.34 per diluted share and Adjusted EBITDA of $28 million.
Net sales of $527 million, up 8% compared to the fourth quarter of 2021.
Forward Guidance
Our focus in 2023 is on improving our operational performance while continuing to generate strong free cash flows. Our businesses have proven to be economically resilient, and we are well positioned to deliver strong results this year.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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