WASHINGTON (dpa-AFX) - Neenah Paper, Inc. (NP) released a profit for its fourth quarter that increased from the same period last year.
The company's profit totaled $15.6 million, or $0.92 per share. This compares with $12.9 million, or $0.76 per share, in last year's fourth quarter.
Excluding items, Neenah Paper, Inc. reported adjusted earnings of $14.7 million or $0.87 per share for the period.
Analysts had expected the company to earn $0.80 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 11.3% to $213.6 million from $240.9 million last year.
Neenah Paper, Inc. earnings at a glance:
-Earnings (Q4): $14.7 Mln. vs. $9.0 Mln. last year. -EPS (Q4): $0.87 vs. $0.53 last year. -Analysts Estimate: $0.80 -Revenue (Q4): $213.6 Mln vs. $240.9 Mln last year.
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