Meadwestvaco Corp. (MWV) Misses Q4 EPS by 2c, Offers 2012 Outlook

Meadwestvaco Corp. (NYSE: MWV) reported Q4 non-GAAP EPS of $0.26, $0.02 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $1.49 billion versus the consensus estimate of $1.47 billion.

The company also continues to experience significant inflation in certain raw materials. As a result, performance in the first quarter of 2012 is expected to be lower compared to year-ago levels. However, the company remains confident and is focused on executing its profitable growth strategies to achieve its 3 to 5 year targets of 5 percent-plus annual sales growth and 7 to 10 percent annual earnings growth.

For earnings history and earnings-related data on Meadwestvaco Corp. (MWV) click here.

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