Chemours falls after downbeat Q2 core earnings forecast

The Chemours

18/06/2025 13:23

** Shares of specialty chemicals maker Chemours CC.N down 1.5% at $10.58 premarket

** Company forecasts Q2 adjusted core earnings below Wall Street estimates

** Expects Q2 adjusted core earnings between $215 mln and $225 mln vs analysts' avg. estimate of $236 mln - data compiled by LSEG

** However, CC expects Q2 sales at higher end of its earlier range, banking on strong demand for climate-friendly refrigerants

** Analysts estimate sales of $1.57 billion for Q2

** As of last close, CC down 36.5% YTD

 (Reporting by Sumit Saha in Bengaluru)

 ((Sumit.Saha@thomsonreuters.com;))