W.R. Grace & Co. (GRA) Tops Q3 EPS by 9c, Revenues Beat; Lifts FY18 EPS Outlook Above Consensus

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Go back to W.R. Grace & Co. (GRA) Tops Q3 EPS by 9c, Revenues Beat; Lifts FY18 EPS Outlook Above Consensus

Grace Reports Third Quarter 2018 Results Driven by 15% Sales Growth; Raises Full-Year 2018 Adjusted EPS Outlook

October 24, 2018 6:00 AM EDT

Net sales up 15.2% driven by the polyolefin catalysts acquisition, strong sales volumes and improved pricing across all businessesDiluted EPS of $0.24, including a pretax charge of $70.0 million, or $0.80 per share, for the estimated costs to remediate our former vermiculite mine siteAdjusted EPS of $1.11, up 23.3%Raising full-year 2018 outlook for Adjusted EPS to $4.00 to $4.05, from $3.90 to $4.00

COLUMBIA, Md., Oct. 24, 2018 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE: GRA) today announced financial results for the third... More