W.R. Grace & Co. (GRA) Tops Q4 EPS by 1c

W.R. Grace & Co. (NYSE: GRA) reported Q4 EPS of $0.95, $0.01 better than the analyst estimate of $0.94. Revenue for the quarter came in at $440.8 million versus the consensus estimate of $437.05 million.

"We finished 2016 with a strong quarter delivering top line revenue growth both year-over-year and sequentially," said Fred Festa, Grace’s Chairman and Chief Executive Officer. "It was a year of significant transition for Grace. We positioned ourselves well for the future by completing the separation of our construction business, acquiring a polyolefin catalysts business, and divesting certain non-core product lines. We made real progress to align costs with our new structure and made effective use of cash."

For earnings history and earnings-related data on W.R. Grace & Co. (GRA) click here.

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