Neenah Paper Reports 2015 First Quarter Results
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May 7, 2015 12:19 PM EDT
Standard & Poor's Ratings Services said today it affirmed its 'BB' corporate credit rating on Neenah Paper Inc. (NYSE: NP) and revised its assessment of the company's liquidity to "exceptional" from "strong." The outlook remains stable.
Our revision of Neenah Paper's liquidity assessment is based on our expectation that liquidity sources (including availability under the company's revolving credit facility) will exceed its uses by 2x or more for the next 24 months. We... More
May 6, 2015 4:52 PM EDT
Neenah Paper (NYSE: NP) reported Q1 EPS of $0.95, $0.08 better than the analyst estimate of $0.87. Revenue for the quarter came in at $228.2 million versus the consensus estimate of $239.3 million.
For earnings history and earnings-related data on Neenah Paper (NP) click here.
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