Chemtura Common Stock Earnings: Here’s Why Shares are Up Now

Chemtura Corp. Common Stock (NYSE:CHMT) delivered a profit and beat 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. Shares are up 0.56%.

Chemtura Corp. Common Stock Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 34.43% to $0.40 in the quarter versus EPS of $0.61 in the year-earlier quarter.

Revenue: Decreased 13.02% to $735 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Chemtura Corp. Common Stock reported adjusted EPS income of $0.40 per share. By that measure, the company beat the mean analyst estimate of $0.37. It beat the average revenue estimate of $734.65 million.

Quoting Management: “Industrial Performance Products, Consumer Products and Chemtura AgroSolutions again delivered year-over-year improvement this quarter,” commented Mr. Craig A. Rogerson, Chairman, President and CEO of Chemtura. “With the benefit of strong sales growth in North America and in Latin America, Chemtura AgroSolutions delivered record performance this quarter despite the delayed start to the Northern Hemisphere growing season this year. Our other three segments encouragingly delivered modest improvements over the performance levels discussed in our June 6, 2013 press release.”

Key Stats (on next page)…

Revenue increased 21.29% from $606 million in the previous quarter. EPS increased 166.67% from $0.15 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.47 to a profit $0.34. For the current year, the average estimate has moved down from a profit of $1.57 to a profit of $1.13 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

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