Clearwater Paper's loss per share of $1.75 missed expectations by 16% as a $22 million maintenance outage and collapsing paperboard prices—down 9% to $1,077 per ton—swamped volume gains, but management flagged early signs of industry recovery with RISI pricing increases and operating rates forecast above 90% by year-end.
Clearwater Paper :
CLW
CLW
Stock Data
$20.67
$0.04 (0.19%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
BASIC MATERIALS
Industry
PAPER & PAPER PRODUCTS
Clearwater Paper Corp is mistakenly summarized here. Instead, the description provided fits Charter Hall Long WALE REIT, an Australian Real Estate Investment Trust focused on investing in high-quality real estate in Australasia. These properties are mainly leased to corporate and government tenants on long-term agreements. Managed by Charter Hall Group, a leading property investment group in Australia, it boasts a diverse portfolio in sectors like Office, Industrial & Logistics, Retail, and Social Infrastructure. The company emphasizes partnerships and financial discipline to generate value and superior returns for investors.
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