Wausau Paper turns Q1 net loss into gain

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MOSINEE, Wis. (BUSINESS WIRE) ­ Wausau Paper (NYSE:WPP) today reported that:

  • First-quarter net earnings were $0.20 per share compared to a prior year first-quarter net loss of $0.03 per share.
  • First-quarter earnings from continuing operations were $0.03 per share compared to breakeven earnings from continuing operations a year ago.
  • Excluding special items, first-quarter adjusted earnings from continuing operations were $0.10 per share compared to $0.04 per share last year, reflecting improved volume and margin performance by both business segments.

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