in this issue
Regions :: North America
W.R. Grace beats estimates despite weak catalysts results
10:14 AM MDT | July 25, 2013 | Vincent Valk
W.R. Grace has reported second-quarter net income up 19.5% YOY, to $82.8 million, or $1.07/share, on sales up 2.9%, to $802.8 million. Adjusted earnings of $1.12/share fell 1.8%, but beat analysts’ consensus estimate of $1.08/share, as reported by Thomson Reuters (New York). “Earnings for the quarter came in as expected,” says Grace chairman and CEO Fred Festa. “Materials technologies and construction products had solid quarters, benefiting from good growth in emerging regions and strong pricing and margins. In catalysts technologies, the...
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