Key Developments For KMG Chemicals Inc
KMG Chemicals Inc (KMGB.O) (Consolidated Issue listed on NASDAQ Global Market)
KMG Chemicals Inc. Issues Q1 2010 Outlook; EPS Outlook Above Analysts' Estimates
KMG Chemicals Inc. announced that for the first quarter of 2010, it expects earnings per share (EPS) to be more than two and half times the first quarter 2009 result of $0.14 and sales to be approximately $49 million. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $0.23 on revenue of $49 million for the first quarter of 2010.
KMG Chemicals Inc. Comments On FY 2010 Guidance
KMG Chemicals Inc. announced that it expects fiscal 2010 results to be slightly better than fiscal 2009. According to Reuters Estimates, analysts on an average are expecting the Company to report EPS of $1.05 on revenues of $207 million for fiscal 2010.
KMG Chemicals Inc. Issues FY 2009 EPS Guidance; Revenue Guidance In Line With Analysts' Estimates
KMG Chemicals Inc. announced that for fiscal 2009, it expects to report sales of approximately $190 million and net income and diluted earnings per share for fiscal 2009 to set a new record for KMG, significantly greater than the $0.48 per diluted share earned in fiscal 2008. According to Reuters Estimates, analysts on an average are expecting the Company to report EPS of $0.67 on revenue of 188 million for fiscal 2009.
KMG Chemicals Inc. Declares Quarterly Cash Dividend
KMG Chemicals Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.02 per common share. The dividend is payable on September 18, 2009 to shareholders of record as of September 3, 2009.
KMG Chemicals Inc. Reaffirms FY 2009 Guidance-Conference Call
KMG Chemicals Inc. reaffirmed fiscal 2009 guidance for 20% revenue growth and notably improved profitability for fiscal 2009 versus fiscal 2008. The Company reported net profit of $5.77 million and revenue of $154.39 million in fiscal 2008. According to Reuters Estimates, analysts on an average are expecting the Company to report net profit of $6.39 million for fiscal 2009.
