Schweitzer-Mauduit: 3Q Earnings Snapshot

November 4, 2019 GMT

ALPHARETTA, Ga. (AP) _ Schweitzer-Mauduit International Inc. (SWM) on Monday reported third-quarter profit of $27.7 million.

On a per-share basis, the Alpharetta, Georgia-based company said it had profit of 90 cents. Earnings, adjusted for non-recurring costs, were $1.01 per share.

The paper and reconstituted tobacco company posted revenue of $256.4 million in the period.

Schweitzer-Mauduit shares have increased 58% since the beginning of the year. In the final minutes of trading on Monday, shares hit $39.50, a climb of 18% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWM at https://www.zacks.com/ap/SWM