IHS Chemical Week

People & Business :: Earnings/Finance

Grace swings to a loss on asbsestos liability adjustment

10:47 AM MST | February 6, 2013 | Rebecca Coons

W.R. Grace reported a net loss of $111.6 million for its fiscal fourth quarter, ended 31 December 2012, compared with net income of $58.1 in the year-ago quarter. The 2012 quarter included a $365-million noncash related to an adjustment to the company's asbestos-related liability. Adjusted earnings increased 12.5%, to $1.11/share, and beat a $1.06/share consensus of analysts' estimates reported by Thomson Reuters (New York). Sales declined 3.4%, to $797.8 million, as a 5.7% increase in volumes and slightly higher base pricing were offset by lower rare earth...

This information is only available to Chemical Week subscribers.


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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 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