Chemtura (CHMT) Tops Q2 EPS by 9c; Boosts Buyback by $50M

August 1, 2012 4:52 PM EDT
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Chemtura (NYSE: CHMT) reported Q2 EPS of $0.61, $0.09 better than the analyst estimate of $0.52. Revenue for the quarter came in at $845 million versus the consensus estimate of $874 million.

On July 31, 2012, Chemtura's Board of Directors also authorized an increase in our share repurchase program from $50 million to up to $100 million and extended the program until November 2013 reflecting our continued confidence in the long-term prospects of Chemtura.”

For earnings history and earnings-related data on Chemtura (CHMT) click here.


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