People & Business :: Companies
Rentech Nitrogen reports net loss, sales gain
9:50 AM MST | November 7, 2013 | Lindsay Frost
Rentech Nitrogen LP today reported a third-quarter net loss of $22 million, down from a $28 million net gain year-over-year (YOY). Excluding the loss on goodwill impairment of $30 million and a one-time gain of $300,000, net income to common unitholders was $7.5 million, down 74% from the same period last year, Rentech Nitrogen says. Reported adjusted earnings were 19 cts/unit—below analyst estimates of 36 cts/unit. However sales increased 55% YOY, to $93.3 million due to $42.7 million in contribution from its Pasadena, TX facility...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee