WASHINGTON (dpa-AFX) - Neenah Paper, Inc. (NP) reported a profit for first quarter that declined from last year.
The company's profit totaled $11.8 million, or $0.69 per share. This compares with $16.2 million, or $0.95 per share, in last year's first quarter.
Analysts had expected the company to earn $0.64 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 10.1% to $239.7 million from $266.5 million last year.
Neenah Paper, Inc. earnings at a glance:
-Analysts Estimate: $0.64 -Revenue (Q1): $239.7 Mln vs. $266.5 Mln last year.
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