AdvanSix (ASIX) Tops Q3 EPS by 2c

AdvanSix (NYSE: ASIX) reported Q3 EPS of $0.68, $0.02 better than the analyst estimate of $0.66. Revenue for the quarter came in at $367 million versus the consensus estimate of $350.35 million.

• Sales up 13% versus prior year, including 5% volume increase, 4% favorable impact of market-based pricing, and 4% higher raw material pass-through pricing
• Net Income of $21.3 million, an increase of $4.8 million or 29% versus the prior year
• EBITDA of $50.3 million, an increase of $12.2 million or 32% versus the prior year
• EBITDA Margin of 13.7%, up 190 bps versus the prior year
• Results include $4.4 million unfavorable pre-tax income impact from LIFO reserve adjustment
• Capital Expenditures of $19.4 million, an increase of $1.9 million versus the prior year
• Free Cash Flow of $18.3 million, an increase of $11.2 million versus the prior year

For earnings history and earnings-related data on AdvanSix (ASIX) click here.

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