Brief: Stepan Reports Record Quarterly Earnings

Stepan

27/04/2021 12:55

April 27 (Reuters) - Stepan Co  SCL.N :
    * STEPAN REPORTS RECORD QUARTERLY EARNINGS
    * Q1 ADJUSTED EARNINGS PER SHARE $1.82
    * Q1 EARNINGS PER SHARE $1.74
    * QTRLY NET SALES $537.7 MILLION VERSUS ABOUT $450 MILLION
    * STEPAN - BELIEVE SURFACTANT VOLUMES IN N. AMERICAN
CONSUMER
PRODUCT END MARKETS MAY RECOVER AFTER SUPPLY CHAIN DISRUPTIONS
FROM SEVERE WEATHER IN TEXAS
    * BELIEVE THAT HEIGHTENED CONSUMER DEMAND FOR DISINFECTION,
CLEANING AND PERSONAL WASH PRODUCTS WILL CONTINUE
    * Q1 EARNINGS PER SHARE VIEW $1.43, REVENUE VIEW $508.1
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nPn48SpjZa 
Further company coverage:  SCL.N 

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