Cytec Industries, Inc. (CYT) Tops Q3 EPS by 28c, Cuts FY11 Guidance

October 20, 2011 4:26 PM EDT
Cytec Industries, Inc. (NYSE: CYT) reported Q3 adjusted EPS of $1.10, $0.28 better than the analyst estimate of $0.82. Revenue for the quarter came in at $778 million versus the consensus estimate of $762.86 million.

Cytec Industries, Inc. sees FY2011 EPS of $3.20-$3.40, versus prior guidance of $3.25-$3.50 and the consensus of $3.27. Cytec Industries, Inc. sees FY2011 revenue of $3-$3.1 million, versus prior guidance of $3.0-$3.2 million and the consensus of $3.07 million.


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