Stepan Co. (SCL) Tops Q4 EPS by 34c
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Stepan Reports Record Fourth Quarter Results and Full Year 2020 Earnings
February 18, 2021 6:55 AM ESTNORTHFIELD, Ill., Feb. 18, 2021 /PRNewswire/ --Â Stepan Company (NYSE: SCL) today reported:
Fourth Quarter Highlights
Reported net income was $30.4 million, or $1.30 per diluted share versus $22.0 million, or $0.95 per diluted share, in the prior year. Adjusted net income* was $33.1 million, or $1.42 per diluted share versus $25.7 million, or $1.10 per diluted share, in the prior year. Total Company sales volume increased 7% versus the prior year.   Surfactant operating income was $43.3 million versus $33.9 million in the prior year. This increase was primarily attributable to an 8%... More