Schweitzer-Mauduit Intl Q1 EPS $0.89 Beats $0.66 Estimate, Sales $406.80M Beat $364.10M Estimate; Co. Affirms FY22 Guidance

Schweitzer-Mauduit Intl (NYSE:SWM) reported quarterly earnings of $0.89 per share which beat the analyst consensus estimate of $0.66 by 34.85 percent. This is a 12.75 percent decrease over earnings of $1.02 per share from the same period last year. The company reported quarterly sales of $406.80 million which beat the analyst consensus estimate of $364.10 million by 11.73 percent. This is a 41.15 percent increase over sales of $288.20 million the same period last year.