Neenah Paper, Inc. Profit Advances 22% In Q1

(RTTNews) - Neenah Paper, Inc. (NP) announced earnings for its first quarter that increased from last year.

The company said its bottom line climbed to $19.7 million, or $1.15 per share. This was up from $16.1 million, or $0.94 per share, in last year's first quarter.

Analysts had expected the company to earn $1.09 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 12.9% to $242.1 million. This was up from $214.4 million last year.

Neenah Paper, Inc. earnings at a glance:

-Earnings (Q1): $19.7 Mln. vs. $16.1 Mln. last year. -Earnings Growth (Y-o-Y): 22.4% -EPS (Q1): $1.15 vs. $0.94 last year. -EPS Growth (Y-o-Y): 22.3% -Analysts Estimate: $1.09 -Revenue (Q1): $242.1 Mln vs. $214.4 Mln last year. -Revenue Change (Y-o-Y): 12.9%