Amcol International Earnings: Everything You Must Know Now

Amcol International Corp. (NYSE:ACO) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

Amcol International Corp. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 12.31% to $0.57 in the quarter versus EPS of $0.65 in the year-earlier quarter.

Revenue: Rose 2.1% to $262.8 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Amcol International Corp. reported adjusted EPS income of $0.57 per share. By that measure, the company met the mean analyst estimate of $0.57. It beat the average revenue estimate of $260.41 million.

Quoting Management: “From an operating perspective, while several product lines faced challenges in the quarter, others exhibited strong performance. In performance materials, we were pleased with the steady performance in our metalcasting product line both in the US and in Asia, despite softness in chromite sales. We estimate that lower drilling fluid and chromite product sales within the segment accounted for a $0.09 per share decrease in EPS compared to the prior year’s quarter,” said AMCOL President and CEO Ryan McKendrick.

Key Stats (on next page)…

Revenue increased 11.03% from $236.7 million in the previous quarter. EPS increased 35.71% from $0.42 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.59 to a profit $0.63. For the current year, the average estimate has moved up from a profit of $2.09 to a profit of $2.12 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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