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Clearwater Paper Full Year 2023 Earnings: EPS: US$6.39 (vs US$2.71 in FY 2022)

Clearwater Paper (NYSE:CLW) Full Year 2023 Results

Key Financial Results

  • Revenue: US$2.08b (flat on FY 2022).

  • Net income: US$107.7m (up 134% from FY 2022).

  • Profit margin: 5.2% (up from 2.2% in FY 2022).

  • EPS: US$6.39 (up from US$2.71 in FY 2022).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Clearwater Paper Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Forestry industry in North America.

Performance of the market in the US.

The company's shares are up 13% from a week ago.

Risk Analysis

Be aware that Clearwater Paper is showing 1 warning sign in our investment analysis that you should know about...

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.