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Clearwater Paper (CLW) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 04, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

-1.61

Last Year’s EPS

0.17

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 3 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 28, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call conveyed a balanced view: management highlighted operational resilience (5% shipment growth), a slight adjusted EBITDA beat, product innovation (Velora), cost reductions (Cypress Bend savings) and meaningful insurance recoveries, while also disclosing significant near-term headwinds including a Q1 net loss, weather-related EBITDA hits (~$15M), ongoing input-cost inflation ($3M–$5M per quarter), difficult pricing dynamics in an oversupplied market, and planned maintenance that pressures Q2 results. Management provided a credible plan to control costs, protect share, and pursue refinancing, and cited industry indicators (imports down, SBS demand growth, expected higher operating rates) that could support recovery later in the year.

Company Guidance

Management guided Q2 adjusted EBITDA of breakeven to negative $10 million, driven by a planned Lewiston major maintenance outage with direct costs of $22–24 million and $5–7 million of higher input costs (including $3–5 million/quarter headwinds from the Middle East), while the Cypress Bend outage was moved to Q4; for the full year they expect revenue of $1.4–1.5 billion, flat to modest shipment growth, approximately $70 million of carryover market‑driven price declines from 2025, productivity gains offsetting roughly 2%–3% of input cost inflation, full‑year major maintenance costs of $45–50 million, capital expenditures of $65–75 million, targeted working capital improvement of $20–30 million, and SG&A toward the lower end of 6%–7% of sales (with a Cypress Bend restructuring benefit noted at about $6 million in the outlook while the mill restructuring is expected to reduce costs by $8–12 million annually); they expect a path to breakeven or better free cash flow for the year aided by insurance recoveries (Q1 proceeds $17.5 million, total recovered >$40 million with ~ $50 million of the policy remaining), a tax refund of $27–28 million (Q1 $4 million, ~$23 million remaining), price actions including a $60/ton increase on extruded products affecting ~70,000 tons effective May (plus ~150,000 tons tied to the RISI index) and prior $50/ton actions on folding/plate, and longer‑term targets of returning to cross‑cycle EBITDA margins of 13%–14% and generating >$100 million of annual free cash flow, while planning to refinance/extend upcoming debt maturities.

Shipment Volume Growth

Shipment volumes increased 5% year-over-year in Q1 2026, driven by share gains and continued growth in foodservice.

Adjusted EBITDA Slight Beat

Adjusted EBITDA was $2.0 million in Q1, slightly above guidance (guidance contemplated breakeven), despite operating challenges.

New Product Launch — Velora

Launched Velora, a new lightweight folding carton paperboard brand positioned to compete with imported FBB and broaden product offerings.

Cypress Bend Cost Reduction

Restructured Cypress Bend mill (reduction of ~20% of roles) and plan to run at reduced rates; expected annualized cost savings of approximately $8 million to $12 million.

Labor Stability at Lewiston

Lewiston, Idaho union ratified a new 4-year labor agreement providing competitive wages/benefits and operational flexibility.

Insurance Recoveries Strengthen Cash Position

Received $17.5 million in representation and warranty insurance proceeds in Q1 (over $40 million total received to date) and pursuing recovery of ~ $50 million remaining policy limit.

Sold-Out Position and Strong Backlogs in Extruded Products

Extruded products (cup and polycoated folding carton) are sold out with strong backlogs, supporting pricing action potential and stable demand.

Industry Supply/Demand Improvements Expected

Company cites reduction of excess industry supply by ~50% from recent capacity actions; RISI forecasts industry operating rates near ~90% by year-end and SBS forecasted to grow ~4% in 2026, which management expects will support margin recovery.

Cost Discipline and SG&A Performance

SG&A as a percentage of sales remained below target range of 6%–7%, described as best-in-class in the industry.

Full-Year Financial Framework and Path to Neutral Cash Flow

Full-year guidance: revenue $1.4B–$1.5B, capex $65M–$75M, major maintenance $45M–$50M; company believes there is a path to breakeven or better free cash flow for the year through cost actions, insurance recoveries, expected tax refund (~$27M–$28M full year, $4M received in Q1) and working capital improvements.

Clearwater Paper (CLW) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CLW Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 04, 2026	2026 (Q2)	-1.61 / -	0.17	―	―	―
Apr 28, 2026	2026 (Q1)	-1.32 / -1.29	-0.36	-258.33% (-0.93)
Feb 18, 2026	2025 (Q4)	-0.56 / -0.42	12.095	-103.47% (-12.52)
Oct 28, 2025	2025 (Q3)	-0.53 / -0.51	-0.64	20.31% (+0.13)
Jul 29, 2025	2025 (Q2)	0.70 / 0.17	-1.094	115.54% (+1.26)
Apr 29, 2025	2025 (Q1)	-0.04 / -0.36	1.43	-125.17% (-1.79)
Feb 13, 2025	2024 (Q4)	-0.33 / 12.10	1.35	795.93% (+10.75)
Nov 04, 2024	2024 (Q3)	0.29 / -0.64	2.19	-129.22% (-2.83)
Aug 06, 2024	2024 (Q2)	0.30 / -1.09	1.74	-162.87% (-2.83)
Apr 29, 2024	2024 (Q1)	1.11 / 1.43	1.47	-2.72% (-0.04)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CLW Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 28, 2026	$14.85	$12.89	-13.20%
Feb 18, 2026	$16.94	$15.36	-9.33%
Oct 28, 2025	$19.31	$17.66	-8.54%
Jul 29, 2025	$29.44	$24.05	-18.31%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Clearwater Paper Corp. (CLW) report earnings?

Clearwater Paper Corp. (CLW) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).

What is Clearwater Paper Corp. (CLW) earnings time?

Clearwater Paper Corp. (CLW) earnings time is at Aug 04, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CLW EPS forecast?

CLW EPS forecast for the fiscal quarter 2026 (Q2) is -1.61.