Trecora Resources Reports Second Quarter 2018 Results
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Trecora Resources (TREC) Misses Q2 EPS by 13c
August 1, 2018 4:13 PM EDTTrecora Resources (NYSE: TREC) reported Q2 EPS of $0.01, $0.13 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $68.1 million versus the consensus estimate of $70.7 million.
"Second quarter results reflect improved execution and continued strong demand at Trecora Chemical while South Hampton Resources endured several customer-based production disruptions that impacted sales volume in the quarter," said Simon Upfill-Brown, president and CEO. "Reduced operating leverage resulting from lower volume, combined with higher operating expenses, including... More
