Stepan Co drops on Q1 profit miss

Stepan

25/04/2023 17:53

** Specialty chemicals maker Stepan Co's  SCL.N  shares hit
more than 2-year low, last down 7.36% at $92.02
    ** Company posts Q1 adj profit of $0.71/shr vs est $0.94/shr
- Refinitiv
    ** Reports Q1 revenue of $651.4 mln vs $675.3 mln a year
earlier
    ** Company's shares down 13.7% YTD

 (Reporting by Khushi Singh)
 ((Khushi.Singh@thomsonreuters.com))