Stepan Co. (SCL) Tops Q3 EPS by 13c
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Stepan Reports Higher Third Quarter Results and Announces Forty-Eighth Consecutive Year of Dividend Increases
October 21, 2015 6:55 AM EDTNORTHFIELD, Ill., Oct. 21, 2015 /PRNewswire/ --Â Stepan Company (NYSE: SCL) today reported:
Third Quarter Highlights
Reported net income was $24.9 million or $1.09 per diluted share, an 85% increase versus $13.5 million or $0.59 per diluted share in the prior year. Adjusted net income* was $21.1 million or $0.92 per diluted share, a 35% increase versus $15.6 million or $0.68 per diluted share in the prior year. Surfactant operating income was $21.8 million, a 96% increase versus prior year. Polymer operating income was $24.6 million, a 35% increase versus prior year. Total... More