Univar (UNVR) Misses Q2 EPS by 10c, Miss on Revenues

Univar (NYSE: UNVR) reported Q2 EPS of $0.22, $0.10 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $2.25 billion versus the consensus estimate of $2.28 billion.

Outlook

The Company will continue executing against its Commercial Greatness, Operational Excellence and One Univar initiatives. As a result of its progress to date, Univar now expects Adjusted EBITDA for the full year to grow high single digits versus last year. For the third quarter of 2017, the Company also expects Adjusted EBITDA to grow high single digits from last year\'s $145.9 million.

"Univar is transforming into a growth company, developing the infrastructure, culture, and strategy, as well as the execution skills and mindset to deliver superior growth for years to come," said Newlin. "We are becoming a collaborative, cohesive organization with a culture that holds people accountable and recognizes and rewards superior performance. This is the basis for strong execution and how we drive consistent double-digit profitability growth."

For earnings history and earnings-related data on Univar (UNVR) click here.

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