IHS Chemical Week

People & Business :: Earnings/Finance

Valspar reports stronger earnings but falls short of estimates

August 13, 2013 | Robert Westervelt

Valspar reports net income of $93.8 million for the quarter ended 26 July, up 8.6% from the year-ago quarter. Reported adjusted earnings were $1.07/share, up 10.3% year-on-year (YOY), but 2 cts below analyst estimates as reported by Thomson Reuters. Sales increased 1% YOY, to $1.1 billion. Valspar says strong US performance, where volumes increased by double digits, was offset by weakness in industrial markets and sluggish economic conditions in international markets. Overall, volumes increased 7% in the quarter, or 4% excluding the impact of a new supply...

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 member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 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

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


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