Market Overview

GCP Applied Technologies: Q3 Earnings Insights

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Shares of GCP Applied Technologies (NYSE:GCP) moved higher by 0.1% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 7.14% over the past year to $0.30, which beat the estimate of $0.21.

Revenue of $248,400,000 decreased by 6.93% year over year, which beat the estimate of $246,800,000.

Guidance

GCP Applied Technologies hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Nov 06, 2020

Time: 10:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/gcp/mediaframe/41217/indexr.html

Price Action

Company's 52-week high was at $27.62

52-week low: $14.24

Price action over last quarter: down 9.32%

Company Profile

GCP Applied Technologies Inc produces and sells specialty construction chemicals, specialty building materials. Its business is spread across two segments. Its Specialty Construction Chemicals segment manufactures and markets products to reduce the cost and improve the performance of cement, concrete, mason and other cement-based construction materials; its Specialty Building Materials segment creates products that protect structures from water, air, vapor, and fire damage. The company earns the majority of its revenue from the sale of concrete admixtures and cement additives.

 

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Posted-In: Earnings News