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Neenah Paper, Inc. (NP) announced a profit for fourth quarter that fell from the same period last year.


RTTNews | Feb 17, 2021 04:39PM EST

16:39 Wednesday, February 17, 2021 (RTTNews.com) - Neenah Paper, Inc. (NP) announced a profit for fourth quarter that fell from the same period last year.

The company's earnings came in at $10.0 million, or $0.59 per share. This compares with $15.6 million, or $0.92 per share, in last year's fourth quarter.

Excluding items, Neenah Paper, Inc. reported adjusted earnings of $14.8 million or $0.87 per share for the period.

Analysts had expected the company to earn $0.49 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 96863195.9% to $206.9 million from $213.6 last year.

Neenah Paper, Inc. earnings at a glance:

-Earnings (Q4): $14.8 Mln. vs. $14.7 Mln. last year.-EPS (Q4): $0.87 vs. $0.87 last year.-Analysts Estimate: $0.49-Revenue (Q4): $206.9 Mln vs. $213.6 last year.

Read the original article on RTTNews ( https://www.rttnews.com/3170530/neenah-paper-inc-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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