Grace Reports Third Quarter 2016 Results

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Go back to Grace Reports Third Quarter 2016 Results

Jefferies Cuts Price Target on W.R. Grace & Co. (GRA); Reiterates Buy

October 27, 2016 10:02 AM EDT

Jefferies maintained a Buy rating on W.R. Grace & Co. (NYSE: GRA), and cut the price target to $80.00 (from $89.00), following the company's 3Q earnings report. Adjusted EPS of $0.80 was $0.04 above consensus. Elevated refinery inventory and weak specialist catalyst demand in China are likely... More

W.R. Grace & Co. (GRA) Tops Q3 EPS by 4c, Revenue Misses

October 26, 2016 7:58 AM EDT

W.R. Grace & Co. (NYSE: GRA) reported Q3 EPS of $0.80, $0.04 better than the analyst estimate of $0.76. Revenue for the quarter came in at $404.5 million versus the consensus estimate of $414.13 million.

GUIDANCE:

W.R. Grace & Co. sees FY2016 EPS of $3.05-$3.10,... More