Brief: Stepan Reports Third Quarter Earnings Per Share $1.43

Stepan

21/10/2020 11:59

Oct 21 (Reuters) - Stepan Co  SCL.N :
    * STEPAN REPORTS RECORD THIRD QUARTER RESULTS AND NINE MONTH
EARNINGS
    * Q3 ADJUSTED EARNINGS PER SHARE $1.56
    * Q3 EARNINGS PER SHARE $1.43
    * Q3 EARNINGS PER SHARE ESTIMATE $1.40 -- REFINITIV IBES
DATA
    * BELIEVE SURFACTANT VOLUMES IN CONSUMER PRODUCT END MARKETS
SHOULD REMAIN STRONG
    * ANTICIPATE THAT FY DEMAND FOR SURFACTANTS WITHIN
AGRICULTURAL
MARKET WILL APPROXIMATE LAST YEAR
    * BELIEVE OILFIELD MARKET WILL REMAIN DOWN FOR BALANCE OF
2020.
    * QTRLY NET SALES $464.5 MILLION VERSUS $451.6 MILLION

Source text for Eikon:  ID:nPn8S2nVTa 
Further company coverage:  SCL.N 

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