Chemours: Q2 Earnings Snapshot
By AP News
Published - Aug 02, 2024, 02:56 AM ET
Last Updated - Aug 02, 2024, 02:56 AM EDT
WILMINGTON, Del. (AP) — WILMINGTON, Del. (AP) — Chemours Co. (CC) on Thursday reported second-quarter net income of $70 million, after reporting a loss in the same period a year earlier.
The Wilmington, Delaware-based company said it had net income of 46 cents per share. Earnings, adjusted for non-recurring gains, were 38 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.
The chemical company posted revenue of $1.54 billion in the period.
