Clearwater Paper posts Q3 2026 net loss of $2 million and $385 million in sales
Clearwater Paper reported third‑quarter 2026 net sales of $385 million, down 3.5% year‑over‑year, and a net loss of $2 million, a sharp improvement from the $53‑$54 million loss a year earlier. Adjusted EBITDA from continuing operations was $24 million, with one source noting $24.4 million, driven by timing of a Lewiston outage and cost reductions. The company refinanced its debt, cutting net debt by $56 million YTD, and received $17.5 million in insurance recoveries related to the Augusta acquisition.
Why it matters
The narrowed loss and debt reduction improve the company’s balance‑sheet strength, but RBC cut its price target to $22, citing Q4 adjusted EBITDA guidance of $10‑$20 million that falls below consensus. The guidance suggests lower near‑term earnings than analysts expected.
Key facts
- 1Net sales were $385 million in Q3 2026. stocktitan.net
- 2Net loss was $2 million, or $0.10 per diluted share. stocktitan.net
- 3Adjusted EBITDA from continuing operations was $24 million. stocktitan.net
- 4Adjusted EBITDA from continuing operations was $24.4 million. investing.com
- 5Net debt was reduced by $56 million year‑to‑date. stocktitan.net
- 6The company received $17.5 million in representation and warranty insurance proceeds. stocktitan.net
Summary written by AlphAI AI Desk from 13 of 13 sources. Not investment advice. Figures are as stated by the linked sources.