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ADA-ES, Inc.
ADES was awarded a $12M lawsuit against Calgon Carbon Corporation
CCC which is a one time, positive event, but according to accounting treatment from the Refined Coal Facilities sales, Pritchard is changing its EPS expectation from a gain of $0.15 to a loss of $0.22 for 2Q.
Pritchard maintains its "neutral" rating and price target of $8.50.
ADA-ES, Inc. closed yesterday at $6.15.
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Posted In: Analyst ColorEarningsLong IdeasNewsMarketsAnalyst RatingsADA-ESCommodity ChemicalsMaterialsPritchard Capital PartnersSpecialty Chemicals
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