Update: Chemours Shares Rise After Q2 Results Beat Estimates

MT Newswires Live
Aug 14

(Updates with stock price movement in the headline and the first paragraph.)

Chemours (CC) shares were up 13% in recent Wednesday trading after the company posted Q2 revenue that topped analysts' estimates.

The company reported Q2 adjusted earnings late Tuesday of $0.58 per diluted share, up from $0.38 a year earlier.

Analysts polled by FactSet expected $0.46.

Sales for the quarter ended June 30 were $1.62 billion, up from $1.55 billion a year earlier.

Analysts polled by FactSet expected $1.57 billion.

For Q3, the company expects consolidated net sales to decrease by 4% to 6% sequentially, with consolidated adjusted EBITDA expected to range between $175 million and $195 million.

The company expects 2025 sales of $5.9 billion to $6 billion. Analysts polled by FactSet are expecting $5.88 billion.

Price: 14.06, Change: +1.64, Percent Change: +13.20

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