Chemours (CC) Tops Q3 EPS by 7c
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The Chemours Company Reports Third Quarter 2018 Results, Solid Earnings Improvement Across All Segments
November 1, 2018 4:16 PM EDTWILMINGTON, Del., Nov. 1, 2018 /PRNewswire/ --
Third Quarter 2018 Highlights
Net Sales of $1.6 billion, up 3% Net Income of $275 million, up 33% with EPS of $1.51, up 40% Adjusted Net Income of $271 million, up 33% with Adjusted EPS of $1.49, up 41% Adjusted EBITDA of $435 million, up 14% Repurchased approximately $136 million of stock during the quarter Expect full year 2018 Adjusted EBITDA in the lower half of our original guidance range of $1.7 to $1.85 million on reduced Ti-Pure titanium dioxide volume Affirming three-year (2018-2020) financial targetsThe Chemours Company (Chemours) (NYSE:... More
