News Digest / Ticker: CLW

Ticker: CLW

06:19am, Tuesday, Nov 05, 2024

Clearwater Paper's Q3 Earnings Show Resilience Amid Strategic Transformation and Hurricane Setbacks

Clearwater Paper Corporation (NYSE: CLW) reported Q3 2024 adjusted EBITDA of $64M, affected by Hurricane Helene. Following its $1.06B tissue business sale, Clearwater pivots to paperboard packaging, targeting $1.8B in revenues and $50M in cost savings.