Chemtura Reports First Quarter 2015 Financial Results
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Chemtura Corporation (CHMT) Tops Q1 EPS by 13c
April 29, 2015 4:42 PM EDTChemtura Corporation (NYSE: CHMT) reported Q1 EPS of $0.30, $0.13 better than the analyst estimate of $0.17. Revenue for the quarter came in at $438 million versus the consensus estimate of $475.68 million.
"In the first quarter, we delivered significant sequential and year-over-year improvement in managed basis earnings in our Core Segments, despite lower revenues," commented Craig Rogerson, Chemtura's Chairman, President and Chief Executive Officer. "Adjusted EBITDA in our Core Segments was $51 million, an increase of $15 million or... More
