Calgon Carbon (CCC) Reports In-Line Q1 EPS

Calgon Carbon (NYSE: CCC) reported Q1 EPS of $0.18, in-line with the analyst estimate of $0.18. Revenue for the quarter came in at $131.6 million versus the consensus estimate of $132.45 million.

Commenting on the quarter, Randy Dearth, Calgon Carbon’s Chairman, President and Chief Executive Officer, said, “I am pleased with our first quarter results and our operating income improvement year-over-year. The significant increase in margin in the first quarter of 2014 as compared to last year’s first quarter clearly demonstrates that our strategic initiatives continue to be effective in building a stronger Calgon Carbon.”

Mr. Dearth continued, “Sales in the second quarter are typically strong, and based on April’s actual sales, as well as pending and forecasted orders, the second quarter of 2014 could be one of the best sales quarters in our Company’s history.”

For earnings history and earnings-related data on Calgon Carbon (CCC) click here.

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