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GCP Applied Technologies Inc (GCP.N)

GCP.N on New York Stock Exchange

33.50USD
16 Feb 2018
Change (% chg)

$1.15 (+3.55%)
Prev Close
$32.35
Open
$32.40
Day's High
$33.80
Day's Low
$32.35
Volume
106,253
Avg. Vol
75,607
52-wk High
$34.60
52-wk Low
$25.95

Latest Key Developments (Source: Significant Developments)

GCP Applied Technologies Q3 adjusted earnings per share $0.22
Thursday, 2 Nov 2017 06:00am EDT 

Nov 2 (Reuters) - GCP Applied Technologies Inc :GCP Applied Technologies reports third quarter 2017 results.Q3 loss per share $0.25 from continuing operations.Q3 adjusted earnings per share $0.22.Q3 earnings per share view $0.19 -- Thomson Reuters I/B/E/S.GCP Applied Technologies Inc qtrly ‍net sales $282.4 million versus $263.4​ million.GCP Applied Technologies Inc sees ‍2017 net sales, constant currency growth of 4% to 6%​.GCP Applied Technologies Inc sees ‍ 2017 adjusted EPS $0.60 to $0.65​.FY2017 earnings per share view $0.61, revenue view $1.08 billion -- Thomson Reuters I/B/E/S.  Full Article

GCP Applied Technologies says sees 2017 ‍adjusted EPS $0.60 to $0.65​
Thursday, 12 Oct 2017 04:15pm EDT 

Oct 12 (Reuters) - GCP Applied Technologies Inc :GCP Applied Technologies revises 2017 outlook.GCP Applied Technologies Inc - ‍sees 2017 net sales, constant currency growth of 4% to 6%​.GCP Applied Technologies Inc -sees 2017 ‍adjusted EPS $0.60 to $0.65​.GCP Applied Technologies Inc - sees 2017 ‍adjusted free cash flow $25 million to $35 million​.GCP Applied Technologies Inc - ‍ for Q3 of 2017, GCP expects constant currency sales of $276 million to $282 million​.GCP Applied Technologies Inc - reduced its outlook for 2017 as a result of weaker than expected construction activity and disruptions to customer operations ​.GCP Applied Technologies Inc - ‍ for Q3 of 2017, GCP expects adjusted EBIT of $36 million to $38 million and adjusted EPS of $0.17 to $0.21​.GCP Applied Technologies Inc - ‍ GCP expects its cash balance at end of year to be approximately $600 million​.GCP Applied Technologies Inc - ‍deconsolidation of Venezuela operations expected to result in a non-cash impairment charge of approximately $35 million​.GCP Applied Technologies Inc - ‍revised guidance for 2017 excludes financial results of its Venezuela operations beginning July 3, 2017​.Q3 earnings per share view $0.30, revenue view $311.0 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $0.78, revenue view $1.10 billion -- Thomson Reuters I/B/E/S.  Full Article

GCP Applied Technologies Q2 adjusted earnings per share $0.23
Thursday, 3 Aug 2017 06:00am EDT 

Aug 3 (Reuters) - GCP Applied Technologies Inc :GCP Applied Technologies Inc reports second quarter 2017 results.Q2 adjusted earnings per share $0.23.Q2 earnings per share $0.02 from continuing operations.Q2 earnings per share view $0.26 -- Thomson Reuters I/B/E/S.GCP Applied Technologies Inc says GCP is reaffirming its guidance for 2017.FY2017 earnings per share view $0.79, revenue view $1.10 billion -- Thomson Reuters I/B/E/S.  Full Article

GCP Applied Technologies says restructuring actions expected to result in net reduction of about 225 employee positions ‍​
Monday, 3 Jul 2017 02:12pm EDT 

July 3 (Reuters) - GCP Applied Technologies Inc ::GCP Applied Technologies says restructuring actions expected to result in net reduction of about 225 employee positions - sec filing ‍​.GCP Applied Technologies - substantially all of restructuring and repositioning actions under plan expected to be completed by q4 of 2018.GCP Applied Technologies Inc - in addition, company expects to incur approximately $6 million in capital expenditures related to repositioning activities.  Full Article

GCP Applied completes sale of Darex and announces realignment plan
Monday, 3 Jul 2017 01:05pm EDT 

July 3 (Reuters) - Gcp Applied Technologies Inc :GCP applied technologies completes sale of darex and announces realignment plan.GCP applied technologies inc- board of directors has approved a business realignment plan that includes actions to reduce costs.GCP applied technologies inc - ‍gcp expects plan to result in net annualized savings of approximately $22 million to $25 million​.GCP applied technologies inc - expects plan to result in net annualized savings of approximately $22 million to $25 million.GCP applied technologies inc - expects to incur total costs of $22 million to $26 million associated with plan.GCP applied technologies inc - costs consist primarily of headcount reductions and related expenses.GCP applied technologies inc - realignment actions are expected to be completed by end of 2018.GCP applied technologies inc - realignment actions are expected to be completed by end of 2018.GCP applied technologies-expects to incur total costs of $22 million to $26 million associated with plan, of which about $16 million expected to be incurred in q2.Gcp-Plan includes reduction in costs, including stranded costs regarding darex unit, transition of co to construction products technologies co.  Full Article

GCP Applied Technologies reports Q1 adj loss per share of $0.06
Tuesday, 9 May 2017 06:00am EDT 

May 9 (Reuters) - Gcp Applied Technologies Inc :GCP Applied Technologies reports first quarter 2017 results.Q1 adjusted loss per share $0.06.Q1 loss per share $0.35 from continuing operations.Q1 earnings per share view $0.18 -- Thomson Reuters I/B/E/S.Qtrly sales $225.3 million versus. $237.7 million.Sees FY 2017 net sales constant currency growth of 5 pct to 8 pct.Sees FY 2017 adjusted EBIT $145 million to $160 million.Sees FY 2017 adjusted EPS $0.71 to $0.88.Sees FY 2017 adjusted free cash flow $40 million to $50 million.FY2017 earnings per share view $1.53 -- Thomson Reuters I/B/E/S.FY2017 revenue view $1.33 billion -- Thomson Reuters I/B/E/S.  Full Article

GCP Applied Technologies signs definitive agreement to acquire Stirling Lloyd
Monday, 8 May 2017 06:30pm EDT 

May 8 (Reuters) - GCP Applied Technologies Inc :GCP Applied Technologies signs definitive agreement to acquire Stirling Lloyd.GCP Applied Technologies Inc - Deal for $94 million.  Full Article

GCP selling non-core Halex product lines
Wednesday, 26 Apr 2017 04:30pm EDT 

April 26 (Reuters) - Gcp Applied Technologies Inc :GCP Applied Technologies to rebrand versashield® as kovara™ and sell non-core halex product lines.GCP - sale of non-core carpet tack strip and plywood underlayment product lines to Q.E.P. Co. Inc.sale is not expected to have a material effect on financial statements of GCP.integration of halex into GCP's specialty building materials segment is proceeding as planned.divesting ancillary product lines as part of plan to concentrate resources on differentiated specialty construction products.  Full Article

40 North Management's David Winter reports 9 pct stake in GCP Applied Technologies Inc
Monday, 13 Mar 2017 07:15pm EDT 

: 40 North Management Llc reports 6.5 percent stake in GCP Applied Technologies Inc as of march 2 - sec filing . 40 North Management Llc says acquired the shares of GCP in the belief that the shares are undervalued . 40 North Management Llc says may have talks with directors of GCP, its stockholders in connection with it's investment in GCP . 40 North Management Llc says potential talks with GCP may include governance, board composition, management, business, financial condition, strategic plans of GCP . 40 North Management Llc says may seek to explore increasing ownership in GCP, including, open market purchases/acquisition of shares from other stockholders . 40 North Management Llc's David Winter reports a 9 percent stake in GCP Applied Technologies Inc as of march 2 .Standard Industries Inc reports 2.5 percent stake in GCP Applied Technologies Inc.  Full Article

Henkel submits binding offer to acquire Darex Packaging Technologies for $1.05 bln
Thursday, 2 Mar 2017 08:10am EST 

Henkel Corp : Henkel submits binding offer to acquire Darex Packaging Technologies for $1.05 billion US dollars . Henkel - GCP will begin a consultation process with relevant works councils and labor unions . Henkel-Entered exclusive negotiations with GCP applied technologies to buy Its Darex Packaging Technologies business for $1.05 billion on cash, debt free basis Further company coverage: [HNKGL.UL] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

BRIEF-GCP Applied Technologies says sees 2017 ‍adjusted EPS $0.60 to $0.65​

* GCP Applied Technologies Inc - ‍sees 2017 net sales, constant currency growth of 4% to 6%​