W.R. Grace & Co. (GRA) Tops Q1 EPS by 4c; Reaffirms

Go back to W.R. Grace & Co. (GRA) Tops Q1 EPS by 4c; Reaffirms

Grace Reports First Quarter 2019 Results Driven by 9% Sales Growth; Reaffirms Full-Year Outlook

April 25, 2019 6:00 AM EDT

Net sales up 8.8%, up 11.3% on constant currency, driven by the 2Q18 polyolefin catalysts acquisition, higher sales volumes and improved pricingDiluted EPS of $0.37, including a previously disclosed pretax charge of $45.0 million, or $0.52 per share, for the estimated costs of construction of a new dam spillway at our former vermiculite mine siteAdjusted EPS of $0.93, up 13.4%Reaffirming full-year 2019 outlook, including Adjusted EPS of $4.53 - $4.62

COLUMBIA, Md., April 25, 2019 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE: GRA) today announced... More