Wednesday, February 8, 2017

W.R. Grace fourth-quarter earnings beat estimates

W.R. Grace & Co. beat Wall Street estimates in the fourth quarter with an 11 percent increase in profit driven by higher sales in its catalyst business. The Columbia-based chemical and materials manufacturer reported a $12.8 million profit, or 18 cents per share. After adjusting for an accounting method related to its pension plan, Grace reported net income of $118.9 million, or 95 cents per share. Analysts polled by the Thomson Financial Network had expected adjusted earnings of 94 cents per share…



from http://www.bizjournals.com/baltimore/news/2017/02/08/w-r-grace-fourthquarter-earnings-beat-estimates.html?ana=RSS%26s=article_search
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