Wausau Paper Corp. Profit Climbs 266% In Q3

(RTTNews) - Wausau Paper Corp. (WPP) announced earnings for its third quarter that advanced compared to the same period last year.

The company said its bottom line came in at $2.38 million, or $0.05 per share. This was higher than $0.65 million, or $0.01 per share, in last year's third quarter.

Analysts had expected the company to earn $0.05 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.0% to $95.45 million. This was up from $95.42 million last year.

Wausau Paper Corp. earnings at a glance:

-Earnings (Q3): $2.38 Mln. vs. $0.65 Mln. last year. -Earnings Growth (Y-o-Y): 266.2% -EPS (Q3): $0.05 vs. $0.01 last year. -EPS Growth (Y-o-Y): 400% -Analysts Estimate: $0.05 -Revenue (Q3): $95.45 Mln vs. $95.42 Mln last year. -Revenue Change (Y-o-Y): 0.0%