Cytec Industries (CYT) Tops Q3 EPS by 9c

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Go back to Cytec Industries (CYT) Tops Q3 EPS by 9c

Cytec Announces Third Quarter Results; Third Quarter Adjusted EPS of $0.90; Increases Full Year 2015 Adjusted EPS Outlook of $3.20 to $3.40

October 22, 2015 4:06 PM EDT

October 22, 2015 - Woodland Park, NJ - Cytec Industries Inc. (NYSE: CYT) announced today net earnings for the third quarter of 2015 of $59.5 million or $0.81 per diluted share on net sales from continuing operations of $497 million.   Included in continuing operations in the quarter are a few special items that total $6.3 million of net expense after-tax, or $0.09 per diluted share, and are outlined further in this release.  Excluding these special items, net earnings from continuing operations were $65.8 million or $0.90 per diluted share.

Net earnings from continuing operations for the third quarter of 2014 were... More