Stepan Co. (SCL) Tops Q4 EPS by 34c
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Stepan Reports Fourth Quarter and Record Full Year 2017 Results
February 22, 2018 6:59 AM ESTNORTHFIELD, Ill., Feb. 22, 2018 /PRNewswire/ --Â Stepan Company (NYSE: SCL) today reported:
Fourth Quarter Highlights
Reported net income was $9.9 million, or $0.42 per diluted share versus $8.4 million, or $0.36 per diluted share, in the prior year. Adjusted net income was $24.6 million, or $1.06 per diluted share versus $12.3 million, or $0.52 per diluted share, in the prior year.* Current year adjusted net income excludes a $14.9 million net after-tax charge related to the new U.S. Tax Cuts and Jobs Act legislation. Surfactant operating income was $28.3 million versus... More