W.R. Grace & Co. (GRA) Tops Q1 EPS by 3c

W.R. Grace & Co. (NYSE: GRA) reported Q1 EPS of $0.77, $0.03 better than the analyst estimate of $0.74. Revenue for the quarter came in at $745 million versus the consensus estimate of $739.13 million.

“All three businesses grew sales in the quarter,” said Fred Festa, Grace's Chairman and Chief Executive Officer. “Catalysts Technologies grew with new products and the polypropylene acquisition, which more than offset lower demand in Europe. Materials Technologies grew with strong demand in engineered materials, and Construction Products experienced strong growth, except in North America where severe weather reduced construction activity in the quarter.”

For earnings history and earnings-related data on W.R. Grace & Co. (GRA) click here.

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