W.R. Grace & Co. (GRA) Tops Q2 EPS by 12c, Revenues Beat; Boosts FY18 EPS Outlook

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Grace Reports Second Quarter 2018 Results Driven by 13% Sales Growth; Raising Full-Year 2018 Adjusted EPS Outlook

July 26, 2018 6:00 AM EDT

Net sales up 13.1% driven by the polyolefin catalysts acquisition, higher sales volumes and continued pricing strengthDiluted EPS of $0.58, down 9.4%; Adjusted EPS of $1.07, up 27.4%Raising full-year 2018 outlook for Adjusted EPS to $3.90 to $4.00, up from $3.85 to $3.95

COLUMBIA, Md., July 26, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE: GRA) today announced financial results for the second quarter 2018, summarized in the table below, and is raising full-year 2018 Adjusted EPS outlook.

Summary Financial... More