Clearwater Paper Reports Q3 Adjusted EBITDA Within Guidance and Outlines Future Maintenance Plans
Clearwater Paper (CLW) reported third-quarter adjusted EBITDA of $24.4 million, landing within its previously issued guidance range of $20 million to $30 million. CEO Arsen Kitch attributed the performance to successful price increases implemented earlier in the year and noted that operations were not hindered by major maintenance requirements during this period. Looking ahead, the company provided updated guidance for the fourth quarter, projecting an adjusted EBITDA between $10 million and $20 million. Management also signaled a significant planned outage at its Augusta facility scheduled for January 2027, which is expected to cost between $12 million and $15 million.
Tickers: $CLW
Topics: adjusted EBITDA earnings report management commentary
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Part of the story Clearwater Paper Refinances Debt and Navigates Augusta Mill Repairs (4 articles)