Orion Engineered Carbons S.A. Announces Fourth Quarter and Full Year 2019 Financial Results
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Orion Engineered Carbons (OEC) Tops Q4 EPS by 2c, Revenues Miss
February 20, 2020 4:46 PM ESTOrion Engineered Carbons (NYSE: OEC) reported Q4 EPS of $0.42, $0.02 better than the analyst estimate of $0.40. Revenue for the quarter came in at $322.4 million versus the consensus estimate of $365.94 million.
Fourth Quarter 2019 Highlights
Net sales of $322.4 million compared to $386.0 million in the fourth quarter of 2018Net Income of $19.0 million and basic EPS of $0.32 compared to $15.7 million and $0.27 in the fourth quarter of 2018Adjusted EBITDA1of $63.2 million compared to $64.4 million in the fourth quarter of 2018Adjusted EPS1 of $0.42 compared to $0.42 in the fourth quarter of 2018Net cash provided by operating... More