GCP Applied Technologies (GCP) Tops Q4 EPS by 1c

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Go back to GCP Applied Technologies (GCP) Tops Q4 EPS by 1c

GCP Applied Technologies Reports Fourth Quarter and Full Year 2017 Results

February 27, 2018 6:01 AM EST

4Q17 Net sales growth of 10.7%; Net Sales, Constant Currency up 9.2%*2017 Net sales growth of 3.6%; Net Sales, Constant Currency up 5.1%* 4Q17 Net loss from continuing operations of $69.1 million; Adjusted EBIT* of $38.2 million 2017 Net loss from continuing operations of $110.9 million; Adjusted EBIT* of $127.4 million     4Q17 and 2017 Net loss from continuing operations include $81.7 million income tax expense related to provisional estimate of U.S. tax reform impactCompleted bolt-on acquisitions of Ductilcrete and Contek2018 Full-year guidance:    Net Sales, Constant Currency* growth of 5% to 10%    Adjusted EBIT* of $135 million to $150 million

CAMBRIDGE, Mass., Feb. 27, 2018 (GLOBE... More