W.R. Grace & Co. (GRA) Tops Q4 EPS by 1c
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Grace Reports Fourth Quarter and Full-Year 2016 Results
February 8, 2017 6:00 AM ESTIncome from continuing operations attributable to Grace of $12.8 million down 53% and Adjusted EBIT of $118.9 million up 11% for the quarterDiluted EPS from continuing operations of $0.18 down 54% and Adjusted EPS of $0.95 up 32% for the quarterGross margin of 36.7% and Adjusted Gross Margin of 42.8% up 60 bps for the quarterNet cash flow provided by operating activities of $267.5 million and Adjusted Free Cash Flow of $236.0 million for the full yearIncreasing annual cash dividend rate 24% and declaring quarterly cash dividend of $0.21 per share
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