Orion Engineered Carbons S.A. Announces Second Quarter 2018 Financial Results

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Orion Engineered Carbons (OEC) Tops Q2 EPS by 17c, Revenues Miss

August 2, 2018 5:34 PM EDT

Orion Engineered Carbons (NYSE: OEC) reported Q2 EPS of $0.69, $0.17 better than the analyst estimate of $0.52. Revenue for the quarter came in at $391.6 million versus the consensus estimate of $400.97 million.

Second Quarter 2018 Year over Year Highlights

Volumes increased by 3.4% to 275.6 kmt compared to 266.6 kmt in the second quarter of 2017 with increases of 3.9% of Specialty and 3.2% in RubberRevenue increased by $62.0 million, or 18.8%, to $391.6 million compared to the second... More