Neenah Paper (NP) Tops Q4 EPS by 32c
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Neenah Paper Reports 2016 Fourth Quarter and Full Year Results
February 15, 2017 5:22 PM ESTALPHARETTA, Ga., Feb. 15, 2017 /PRNewswire/ -- Neenah Paper, Inc. (NYSE: NP) today reported 2016 fourth quarter and full-year results.
Fourth Quarter Highlights
Revenues of $220.5 million decreased 4 percent compared with the prior year. Operating income of $21.9 million increased 5 percent compared with the prior year. Earnings per diluted share of $0.95 increased 12 percent compared with $0.85 in the fourth quarter of 2015. Adjusted earnings per share of $1.10 in 2016 increased 21 percent compared with $0.91 with the prior year. Adjusted earnings per share in 2016 exclude $0.15 of costs for integration, restructuring and pension settlement... More