GCP Applied Technologies (GCP) Reports In-Line Q3 EPS

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GCP Applied Technologies Reports Preliminary Third Quarter 2021 Financial and Operating Results

November 3, 2021 6:00 AM EDT

ALPHARETTA, Ga., Nov. 03, 2021 (GLOBE NEWSWIRE) -- GCP Applied Technologies Inc. (NYSE: GCP) (GCP or the Company), a leading global provider of construction products, today announced preliminary financial and operating results for the third quarter 2021.

Third Quarter 2021 Highlights

Net sales of $249.6 million, an increase of 0.5%Selling, general and administrative expenses of $59.2 million, a decrease of 8.5%Income from continuing operations attributable to GCP shareholders of $7.8 millionAdjusted EBIT* of $24.5 millionAdjusted EPS of $0.19

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