GCP Applied Technologies (GCP) Tops Q2 EPS by 1c

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GCP Applied Technologies Reports Second Quarter 2021 Financial and Operating Results

August 5, 2021 6:00 AM EDT

CAMBRIDGE, Mass., Aug. 05, 2021 (GLOBE NEWSWIRE) -- GCP Applied Technologies Inc. (NYSE: GCP) (GCP or the Company), a leading global provider of construction products, today announced financial and operating results for the second quarter 2021.

Second Quarter 2021 Highlights

Net sales of $253.4 million, an increase of 29.7%Selling, general and administrative expenses of $64.2 million, a decrease of 2.7%Income from continuing operations attributable to GCP shareholders of $10.4 millionAdjusted EBIT* of $26.9 million, an increase of 92.1%Adjusted EPS* of $0.22

For the three months ended June 30, 2021, GCP reported... More