Stepan Co. (SCL) Tops Q4 EPS by 21c, Revenues Miss
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Stepan Reports Fourth Quarter and Record Full Year 2018 Results
February 21, 2019 6:55 AM ESTNORTHFIELD, Ill., Feb. 21, 2019 /PRNewswire/ --Â Stepan Company (NYSE: SCL) today reported:
Fourth Quarter Highlights
Reported net income was $26.9 million, or $1.16 per diluted share versus $9.9 million, or $0.42 per diluted share, in the prior year. Adjusted net income was $23.7 million, or $1.02 per diluted share versus $24.6 million, or $1.06 per diluted share, in the prior year.* Prior year adjusted net income excludes a $14.9 million net after-tax charge related to the 2017 U.S. Tax Cuts and Jobs Act legislation. Surfactant operating income was $31.8 million versus $28.8 million in the prior... More