AdvanSix Announces First Quarter 2021 Financial Results
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AdvanSix (ASIX) Tops Q1 EPS by 27c, Revenues Beat
April 30, 2021 6:31 AM EDTAdvanSix (NYSE: ASIX) reported Q1 EPS of $0.98, $0.27 better than the analyst estimate of $0.71. Revenue for the quarter came in at $376 million versus the consensus estimate of $352.55 million.
First Quarter 2021 Results
Sales up approximately 24% versus prior year driven by 11% higher raw material pass-through pricing, 8% higher volume and 5% favorable impact of market-based pricingNet Income of $28.1 million, an increase of $19.6 million versus the prior yearEBITDA of $55.1 million, an increase of $26.4 million versus the prior yearEBITDA Margin of 14.6%, an increase of 510 bps versus the prior yearCash Flow from Operations of $57.1 million, an increase... More