IHS Chemical Week

Markets :: Specialty Chemicals :: Surfactants

Stepan earnings miss estimates

10:16 AM MST | February 18, 2014 | Vincent Valk

Stepan today reported net income down 30.5% year-on-year (YOY), to $10.7 million, on sales up 11%, to $474.3 million. Excluding restructuring and deferred compensation expenses, net income fell 20.6% YOY, to $14.3 million. Earnings totaled 62 cts/share, well short of analysts’ consensus estimate of 86 cts/share, as reported by Thomson Reuters (New York). Excluding acquisitions, sales were up 8% YOY on higher volumes. "Recent large investments in both surfactants and polymers contributed to our profitability in 2013 and should deliver income gains in...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa