IHS Chemical Week

Services :: Financial

Ferro Misses Estimates, Cuts 2011 Forecast

October 26, 2011 | Vincent Valk

Ferro recorded net income of $18.2 million, or 21 cts/share, during the third-quarter of 2011, compared to a net loss of $2.4 million, or 4 cts/share, during the same period in 2010. However, adjusted net income, excluding restructuring and debt extinguishment charges incurred during the prior-year quarter, fell 22% to $19.7 million, or 23 cts/share. Earnings fell short of analysts’ consensus estimates of 27 cts/share, according to Thomson One (New York).   Net sales rose 3%, to $546 million, and increased in all segments except electronic materials. A...

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