Neenah Paper (NP) Misses Q3 EPS by 30c, Revenues Miss

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Neenah Reports Third Quarter 2018 Results

November 6, 2018 5:00 PM EST

ALPHARETTA, Ga., Nov. 6, 2018 /PRNewswire/ -- Neenah, Inc. (NYSE: NP) today reported 2018 third quarter results.

Third Quarter Highlights

Revenues increased 5 percent to $256.2 million compared with $245.1 million in the prior year. Earnings per diluted common share (E.P.S.) of $0.75 compared with earnings of $1.10 per share in 2017. Adjusted E.P.S. in 2018 of $0.76 compared with $1.02 per share in 2017. Adjusted E.P.S. excluded net costs of $0.01 per share in 2018 and in 2017 excluded a net benefit of $0.08 per share. Adjusting items are noted later in this release.... More