
• Reported GAAP EPS of -$0.80 down -110.53% YoY • Reported revenue of $360.3M down -4.73% YoY • Clearwater Paper expects higher Q2 2026 operating costs due to a major maintenance outage and increased petroleum-based input costs, anticipating $65 million to $75 million in capital expenditures for 2026.
Bullish
Clearwater Paper achieved a 29% reduction in SG&A expenses and expects $8-$12 million in annualized cost savings from new initiatives, while also securing a $17.5 million insurance recovery.
Bearish
Clearwater Paper experienced a 5% net sales decrease and wider net loss in Q1 2026, alongside a 94% Adjusted EBITDA decline, and faces ongoing PFAS environmental litigation risks.