Wausau Paper releases fiscal third-quarter figures
October 29, 2009
MOSINEE, WI — Wausau Paper Corporation recently released their fiscal third-quarter results, according to a press release.
Net earnings for the quarter increased from $2.32 million in the year-ago quarter to $14.64 million, the release stated.
Earnings of 23 cents per share beat 13-cents-per-share expectations from analysts polled by Thompson Reuters, the release noted.
Net sales for the three-month period declined from last year''s $312.16 million to the current $273.45 million, the release added.
According to the release, Wausau Paper expects adjusted net earnings in the range of 11 cents to 13 cents per share in the fiscal fourth-quarter.
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