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AdvanSix Announces Fourth Quarter and Full Year 2020 Financial Results

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AdvanSix (ASIX) Tops Q4 EPS by 45c, Revenues Beat

February 19, 2021 6:34 AM EST

AdvanSix (NYSE: ASIX) reported Q4 EPS of $0.94, $0.45 better than the analyst estimate of $0.49. Revenue for the quarter came in at $340 million versus the consensus estimate of $292 million.

Fourth Quarter 2020 Results

Sales up 4.2% versus prior year, as 7.9% higher volume and 0.7% favorable impact of market-based pricing were partially offset by 4.4% lower raw material pass-through pricingNet Income of $26.8 million, an increase of $28.9 million versus the prior yearEBITDA of $48.5 million, an increase of $35.8 million versus the prior yearCash Flow from Operations of $47.8 million, an increase of $27.9 million versus the... More