Axiall Corp. (AXLL) Tops Q4 EPS by 9c

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February 25, 2016 4:23 PM EST

Axiall Corp. (NYSE: AXLL) reported Q4 EPS of ($0.32), $0.09 better than the analyst estimate of ($0.41). Revenue for the quarter came in at $755.4 million versus the consensus estimate of $799.54 million.

The company expects the following factors to impact its first-quarter 2016 results:

• In the Chlorovinyls segment, the company expects increased caustic soda and vinyl resin sales volumes primarily due to fewer planned outages in the first quarter of 2016 as compared to the fourth quarter of 2015. Vinyl resin and caustic soda prices, particularly export caustic soda and export vinyl resin prices, are below the average for the fourth quarter 2015. The impact of these factors on first quarter 2016 results will primarily depend on the timing and magnitude of vinyl resin and caustic soda price changes and ethylene costs. The company does not expect any material changes in the components of its ethylene supply portfolio during the first quarter.

• The company expects first-quarter 2016 sales volume and Adjusted EBITDA for the Building Products segment to follow normal seasonal patterns and decrease compared to results for the fourth quarter of 2015 but exceed first quarter 2015 results.

For earnings history and earnings-related data on Axiall Corp. (AXLL) click here.


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