Venator Materials PLC (VNTR) Reports Q3 EPS of $0.70 on Revenues on $582M

Venator Materials PLC (NYSE: VNTR) reported Q3 EPS of $0.70. Revenue for the quarter came in at $582 million versus the consensus estimate of $562 million.

Third Quarter 2017 Highlights

• Net income of $51 million compared to a net loss of $5 million in the prior year period
• Adjusted EBITDA of $134 million compared to $21 million in the prior year period
• Diluted earnings per share of $0.48 and adjusted diluted earnings per share of $0.70
• Successful completion of our initial public offering ("IPO") in August 2017, and $750 million of new financing raised in connection with the IPO
• Favorable TiO2 industry environment for further earnings and cash flow improvement
• Net debt reduced to $565 million as of September 30, 2017

For earnings history and earnings-related data on Venator Materials PLC (VNTR) click here.

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