Neenah Paper, Inc. Q4 adjusted earnings Miss Estimates

Neenah Paper, Inc. (NP) reported earnings for fourth quarter that fell from the same period last year.

The company’s earnings totaled $12.9 million, or $0.76 per share. This compares with $18.9 million, or $1.10 per share, in last year’s fourth quarter.

Excluding items, Neenah Paper, Inc. reported adjusted earnings of $9.0 million or $0.53 per share for the period.

Analysts had expected the company to earn $0.62 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter fell 1.3% to $240.9 million from $244.0 million last year.

Neenah Paper, Inc. earnings at a glance:

-Earnings (Q4): $9.0 Mln. vs. $18.3 Mln. last year.
-EPS (Q4): $0.53 vs. $1.06 last year.
-Analysts Estimate: $0.62
-Revenue (Q4): $240.9 Mln vs. $244.0 Mln last year.

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