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03.08.2016 22:46:05

Neenah Paper, Inc. Reveals 32% Advance In Q2 Bottom Line

(RTTNews) - Neenah Paper, Inc. (NP) reported earnings for its second quarter that gained ground from last year.

The company said its bottom line came in at $21.69 million, or $1.26 per share. This was up from $16.4 million, or $0.96 per share, in last year's second quarter.

Analysts had expected the company to earn $1.14 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 16.4% to $246.0 million. This was up from $211.3 million last year.

Neenah Paper, Inc. earnings at a glance:

-Earnings (Q2): $21.69 Mln. vs. $16.4 Mln. last year. -Earnings Growth (Y-o-Y): 32.3% -EPS (Q2): $1.26 vs. $0.96 last year. -EPS Growth (Y-o-Y): 31.2% -Analysts Estimate: $1.14 -Revenue (Q2): $246.0 Mln vs. $211.3 Mln last year. -Revenue Change (Y-o-Y): 16.4%

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