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W. R. Grace & Co Issues FY 2013 Guidance; Earnings Guidance Above Analysts' Estimates


Thursday, 25 Jul 2013 06:00am EDT 

W. R. Grace & Co announced that for fiscal 2013, it expects adjusted EBIT to be in the range of $560 million to $570 million and adjusted EBITDA to be in the range of $685 million to $695 million. The Company expects consolidated sales for fiscal 2013 of approximately $3.1 billion, including sales headwinds of approximately $130 million from lower rare earth surcharges and unfavorable currency translation. According to I/B/E/S Estimates, analysts are expecting the Company to report EBIT of $544 million, EBITDA of $672 million and revenue of $3.19 billion for fiscal 2013. 

Company Quote

98.42
-0.08 -0.08%
26 Dec 2014