IHS Chemical Week

Regions :: North America

Valspar beats estimates despite sales decline

10:22 AM MST | November 20, 2012 | Vincent Valk

Valspar’s fiscal fourth-quarter net income totaled $73.8 million, or 79 cts/share, compared with a loss of $295.7 million in the year-ago quarter. Adjusted earnings of 86 cts/share beat analysts’ consensus of 84 cts/share, as reported by Thomson Reuters (New York). Adjsuted earnings rose 2.4% year-on-year (YOY). Year-ago results were adversely impacted by a $363.4 million non-cash goodwill impairment charge, Valspar says. The company’s fiscal fourth-quarter ended on 26 October.   Valspar expects earnings for fiscal 2013 to total...

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