GCP Applied Technologies Reports First Quarter 2019 Results
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GCP Applied Technologies (GCP) Tops Q1 EPS by 11c, Revenues Miss; Affirms FY19 EPS Outlook
May 8, 2019 6:06 AM EDTGCP Applied Technologies (NYSE: GCP) reported Q1 EPS of $0.20, $0.11 better than the analyst estimate of $0.09. Revenue for the quarter came in at $234.3 million versus the consensus estimate of $241.63 million.
1Q19 Net sales down 9.6%; Net Sales Constant Currency Excluding Market Exits* down 0.9%Gross margin up 150 bps to 36.4%1Q19 Income from continuing operations attributable to GCP... More