IHS Chemical Week

Regions :: North America

Omnova net income rises but misses estimates

11:34 AM MDT | June 25, 2014 | Vincent Valk

Omnova today reported fiscal second-quarter earnings up 17.2% year-on-year (YOY), to $3.4 million, or 7 cts/share, on sales down 1.6%, to $266.4 million. Adjusted earnings from continuing operations totaled $4 million, or 9 cts/share, down 44.4% YOY and well short of analysts' consensus estimate of 19 cts/share, as reported by Thomson Reuters (New York). Sales fell mostly because prices were down 3.5% overall . Omnova's fiscal second quarter ended on 31 May. "Overall, second-quarter results were below what we had expected. Positive items included improved...

This information is only available to Chemical Week subscribers.

Username:
Password:

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 © 2014 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