Venator Materials PLC (VNTR) Misses Q1 EPS by 8c, Miss on Revenues

Venator Materials PLC (NYSE: VNTR) reported Q1 EPS of $0.73, $0.08 worse than the analyst estimate of $0.81. Revenue for the quarter came in at $622 million versus the consensus estimate of $651.45 million.

First Quarter 2018 Highlights

• Net income attributable to Venator of $78 million compared to a net loss of $16 million in the prior year period
• Adjusted EBITDA of $157 million compared to $49 million in the prior year period
• Diluted earnings per share of $0.73 and adjusted diluted earnings per share of $0.85
• Net cash provided by operating activities from continuing operations was $51 million, free cash flow was $(15) million or $23 million excluding the impact of Pori
• $10 million of adjusted EBITDA benefit captured from our Business Improvement Program in the first quarter of 2018

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

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