Brief: Stepan Reports Q3 Results And Nine Month Earnings

Stepan

23/10/2019 12:18

Oct 23 (Reuters) - Stepan Co  SCL.N :
    * STEPAN REPORTS THIRD QUARTER RESULTS AND NINE MONTH
EARNINGS
    * Q3 ADJUSTED EARNINGS PER SHARE $1.20
    * Q3 EARNINGS PER SHARE $1.11
    * Q3 EARNINGS PER SHARE ESTIMATE $1.14 -- REFINITIV IBES
DATA
    * QTRLY NET SALES $451.6 MILLION VERSUS ABOUT $508 MILLION
AS
ADJUSTED.
    * "WE REMAIN OPTIMISTIC THE POLYMER BUSINESS WILL DELIVER
FULL
YEAR VOLUME GROWTH AND INCREMENTAL MARGIN IMPROVEMENT VERSUS
2018"
    * "WE BELIEVE FULL YEAR SPECIALTY PRODUCT RESULTS WILL
IMPROVE
VERSUS 2018"

Source text for Eikon:  ID:nPn2tTdyXa 
Further company coverage:  SCL.N 

 ((Reuters.Briefs@thomsonreuters.com;))