Neenah Paper Reports Third Quarter Results

Third Quarter Highlights

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International Paper Beats on Q3 Earnings, Revenues Up Y/Y

International Paper Company (IP) reported operating earnings (excluding one-time items) of $409 million or 95 cents per share for the third quarter of 2014 compared with $455 million or $1.01 per share in the year-ago quarter. The earnings comfortably beat the Zacks Consensus Estimate of 88 cents.

Net earnings came in at $355 million or 83 cents per share compared with $382 million or 85 cents per share in the year-ago quarter.  The reported earnings were lower due to high income tax provision.

Net sales for the second quarter were $6,051 million versus $5,975 million in the year-ago quarter and came above the Zacks Consensus Estimate of $5,968 million.

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Resolute Forest Products posts 3Q loss

MONTREAL (AP) _ Resolute Forest Products Inc. (RFP) on Thursday reported a loss of $116 million in its third quarter.

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