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W. R. Grace & Co Lowers FY 2013 Earnings Guidance


Wednesday, 10 Apr 2013 06:00am EDT 

W. R. Grace & Co announced that as of April 10, 2013, it expects adjusted EBIT to be in the range of $540-$560 million, adjusted EBITDA to be in the range of $665-$685 million. European economic conditions are weaker than expected, affecting the sales growth of all three business segments. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of $694 million, EBIT of $565 million for fiscal 2013. 

Company Quote

92.9
1.45 +1.59%
30 Oct 2014