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0.00149925037481269 -0.0016866566716641 -0.00337331334332833 -0.00618440779610192 -0.0183658170914542 -0.00608320839580204 -0.012743628185907 -0.0161169415292354
Stock impact report

Chemours (CC) Q4 Earnings Beat, Revenue Miss Estimates [Yahoo! Finance]

Chemours Company (The) (CC) 
Last chemours company (the) earnings: 2/13 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Barring one-time items, earnings came in at 31 cents per share. It beat the Zacks Consensus Estimate of 29 cents. In the fourth quarter, the company reported net sales of $1,361 million, reflecting a 1.7% increase compared to the previous year. However, it fell short of the Zacks Consensus Estimate of $1,370.5 million. The growth in sales was primarily attributed to a 7% rise in Titanium Technologies and a significant 17% increase in the Thermal & Specialized Solutions Segment. These gains were partially offset by a 15% decline in the Advanced Performance Materials unit. Adjusted EBITDA surged by 47% year over year to reach $176 million for the quarter. This increase was primarily propelled by healthy demand within the Thermal & Specialized Solutions Segment, as well as lower input costs across CC's businesses. Additionally, the implementation of the Titanium Technologies Transformation Plan contributed to operating expense savings, further enhancing the company's profitability. Show less Read more
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