Stepan Co. (SCL) Declares $0.225 Quarterly Dividend; 1.1% Yield

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Go back to Stepan Co. (SCL) Declares $0.225 Quarterly Dividend; 1.1% Yield

Stepan Co. (SCL) Reports In-Line Q2 EPS and Revenues

July 25, 2018 7:01 AM EDT

Stepan Co. (NYSE: SCL) reported Q2 EPS of $1.38, in-line with the analyst estimate of $1.38. Revenue for the quarter came in at $519.9 million versus the consensus estimate of $519.9 million.

Second Quarter Highlights

Reported net income was a record $32.9 million, or $1.41 per diluted share versus $27.9 million, or $1.19 per diluted share, in the prior year. Adjusted net income* was a record $32.1 million, or $1.38 per diluted share versus $30.9 million, or $1.32 per diluted share, in the prior year.Consolidated net sales were... More