Univar Inc. (NYSE:UNVR) is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.26 per share.
For the full year, analysts predict revenues of $ 8298.90 million, while looking forward to income of $ 1.05 per share.
Previous Quarter Performance
Univar Inc. announced income for the second quarter of $ 0.33 per share, from the revenue of $ 2,009.00 million. The quarterly earnings reduced 21.43 percent while revenues declined 22.28 percent compared with the same quarter last year.
According to street consensus, UNVR was expected to report 2Q20 income of $ 0.23 per share from revenue of $ 2102.51 million. The bottom line results beat street analysts by $ 0.1 or 43.48 percent, at the same time, top line results fell short of analysts by $ 93.51 million or 4.45 percent.
Stock Performance
Shares of Univar Inc. traded up $ 0.60 or 3.41 percent on Tuesday, reaching $ 18.17 with volume of 1.11 million shares. Univar Inc. has traded high as $ 18.47 and has cracked $ 17.90 on the downward trend
According to the previous trading day, closing price of $ 18.17, representing a 174.53 % increase from the 52 week low of $ 6.40 and a 29.07 % decrease over the 52 week high of $ 24.77.
The company has a market capital of $ 3.07 billion and is part of the Basic Materials sector and Chemicals industry.
Univar Inc. distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, and fertilizers; storage, packaging, and logistics services for crop protection companies; and pest control products and equipment.
