MeadWestvaco Q4 Profit Tops Estimates - Quick Facts

(RTTNews) - MeadWestvaco Corp. (MWV) reported fourth-quarter income from continuing operations attributable to the company of $53 million or $0.31 per share, compared to $209 million or $1.16 per share, prior year. Income from continuing operations attributable to the company excluding special items was $78 million or $0.46 per share in the fourth quarter of 2014.

On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.45 for the quarter. Analysts' estimates typically exclude special items.

Net sales increased to $1.37 billion from $1.31 billion last year. Analysts expected revenue of $1.35 billion for the quarter.