Univar Solutions Reports Solid 2019 Second Quarter Financial Results

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Go back to Univar Solutions Reports Solid 2019 Second Quarter Financial Results

Univar (UNVR) Tops Q2 EPS by 1c

August 5, 2019 6:04 AM EDT

Univar (NYSE: UNVR) reported Q2 EPS of $0.42, $0.01 better than the analyst estimate of $0.41. Revenue for the quarter came in at $2.58 billion versus the consensus estimate of $2.82 billion.

Second Quarter 2019 Highlights

Univar Solutions reported net income of $16.3 million, or $0.10 per share, compared to net income of $56.1 million, or $0.40 per share, in the prior year second quarter. The current quarter includes $49.1 million of integration and transaction related costs before tax, and higher shares outstanding associated with the Company\'s acquisition of Nexeo Solutions, Inc. (\"Nexeo\") in the first quarter of 2019.Adjusted earnings... More