AdvanSix (NYSE: ASIX) reported Q2 EPS of $0.91, $0.04 better than the analyst estimate of $0.87. Revenue for the quarter came in at $400 million versus the consensus estimate of $391.1 million.

Outlook:

Current favorable nylon industry conditions expected to continue
Expect new season ammonium sulfate fill pricing up approximately 10% year-over-year; typical seasonality expected to drive sequential pricing decline in 3Q 2018
North America acetone imports leveling off but near-term pricing headwind remains
3Q 2018 planned plant turnaround pre-tax income impact expected to be $25 to $28 million
Capital Expenditures expected to be $110 to $115 million for the full year 2018, including previously announced $20 to $30 million incremental investment toward high-return growth and cost savings project pipeline

“We remain focused on the flawless execution of our third quarter plant turnaround, while driving performance in an improved market environment. Our strategies focused on operational and commercial excellence, improving mix, and executing against a maturing pipeline of high-return capital projects position us well to drive long-term shareholder value,” added Kane

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