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Wausau Paper Corp Issues Q4 2013 Earnings Guidance Below Analysts' Estimates; Comments On FY 2014 Revenue Guidance; Issues FY 2014 Earnings Guidance Below Analysts' Estimates; Issues Q4 2014 Guidance


Monday, 28 Oct 2013 04:00pm EDT 

Wausau Paper Corp announced that for the fourth quarter of 2013, it expects an adjusted EBITDA range of between $13 million and $15 million and adjusted net earnings per share (EPS) from continuing operations of $0.01 to $0.03. For fiscal 2014, it expects to achieve 6% annual sales volume growth; EBITDA in a range of $65 to $70 million and net earnings per share (EPS) from continuing operations of $0.21 to $0.28. For the fourth quarter of 2014, it expects EBITDA in a range of $20 to $24 million and net earnings from continuing operations of between $0.10 to $0.13 per share. According to I/B/E/S Estimates, analysts were expecting the Company to report EBITDA of $18 million and EPS of $0.06 for the fourth quarter of 2013; revenue of $388 million, EBITDA of $85 million and EPS of $0.40 for fiscal 2014. 

Company Quote

8.4
-0.03 -0.36%
2:14pm EDT