29.04.2015 13:39:40

MeadWestvaco Q1 Profit Rises - Quick Facts

(RTTNews) - MeadWestvaco Corp.'s (MWV) first-quarter net income attributable to the company increased to $33 million from the prior year's $31 million, with earnings per share improving to $0.19 from $0.18 last year.

Income from continuing operations attributable to the company was $31 million or $0.18 per share in the first quarter of both 2015 and 2014.

Income from continuing operations attributable to the company, excluding special items, was $46 million or $0.27 per share in the first quarter of 2015, compared to $39 million or $0.23 per share in the first quarter of 2014.

Sales from continuing operations were $1.28 billion compared to $1.32 billion last year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.26 per share and revenues of $1.33 billion for the quarter. Analysts' estimates typically exclude special items.

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