in this issue
Services :: Financial
Cytec beats estimates, raises guidance
3:40 PM MDT | October 18, 2012 | Vincent Valk
Cytec’s third-quarter adjusted earnings from continuing operations rose 68% year-on-year, to $42.8 million, or 91 cts/share. Adjusted earnings easily beat analysts’ consensus of 67 cts/share, as reported by Thomson Reuters (New York). Adjusted earnings from continuing operations exclude Cytec’s divested coating resins business, and special charges mostly related to M&A activities. Cytec’s total net income for the third-quarter totaled $53.3 million, up 11% from the year-ago period. Basic net income from continuing operations totaled...
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: