Arch Chemicals (ARJ) Tops Q3 EPS by 11c; Issues Mixed Guidance for Q4 and FY09
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Arch Chemicals (NYSE: ARJ) reports Q3 EPS of $0.44 (ex-items), 11 cents better than estimates. Revenues were $350.5 million vs. $359.50 million consensus.
Fourth quarter results per share are expected to be in the range of breakeven to a loss of $(0.15). (Consensus is $0.07 profit)
The Company narrows its full-year 2009 earnings guidance to $1.65 to $1.80 per share from $1.60 to $1.80 per share. (Consensus is $1.70)
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