Trecora Resources Reports Third Quarter 2018 Results

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Go back to Trecora Resources Reports Third Quarter 2018 Results

Trecora Resources (TREC) Misses Q3 EPS by 15c, Revenues Beat

October 31, 2018 5:29 PM EDT

Trecora Resources (NYSE: TREC) reported Q3 EPS of ($0.04), $0.15 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $73.42 million versus the consensus estimate of $72.38 million.

"Our results in the quarter reflect a recovery in SHR prime product sales volume from the second quarter, continued strong sales volume, revenue and margin trends in our wax business, and improved performance at AMAK where mill feed and recoveries continue to grow. However, elevated feedstock costs along with higher... More