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.
