Neenah Paper (NP) Tops Q3 EPS by 29c

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Neenah Reports Third Quarter 2020 Results

November 3, 2020 4:30 PM EST

E.P.S. of $0.46 per share, Adjusted E.P.S. of $0.55 per share

ALPHARETTA, Ga.--(BUSINESS WIRE)-- Neenah, Inc. (NYSE: NP) today reported third quarter 2020 results.

Third Quarter Highlights

Net sales of $190.7 million increased 18 percent versus the second quarter with strong rebounds in each segment. Filtration revenues increased 9 percent versus the prior year and contributed to a $3 million year-on-year increase in Technical Products operating income. Consolidated operating income of $13.9 million compared with $19.0 million in the prior year. Excluding adjusting items of $2.0 million... More