MeadWestvaco Lower Ahead of Earnings

Published on Tuesday, 24 January 2012 11:04 Written by Gerard Lerod

New York, January 24th (TradersHuddle.com) - Shares of MeadWestvaco Corporation (NYSE:MWV) are trading lower by -0.19% ahead of its quarterly earnings release. MeadWestvaco, the global packaging company is expected to release its quarterly results on January 25^th.

Wall Street Analysts consensus calls for a profit of $0.28 a share on $1.47 billion revenue.

MeadWestvaco estimates have a range of $0.16 a share. The high estimate calls for profit of $0.39 a share and the low estimate is calling for a profit of $0.23 a share, a year ago for the quarter the company reported $0.41 a share.

MeadWestvaco Corporation (NYSE:MWV) is a global packaging company that provides packaging solutions to the healthcare, personal and beauty care, food, beverage, tobacco, media and entertainment, and home and garden industries. Its other operations serve the consumer and office products, specialty chemicals, forestry and real estate markets.

Other companies on the watch on this earnings event are Packaging Corp of America NYSE:PKG and .