GCP Applied Technologies Inc. (NYSE:GCP) specialty building materials producer, is reporting third quarter earnings results on Friday 6th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.21 per share from $ 246.80 million in revenue.
For the full year, analysts predict revenues of $ 898.40 million, while looking forward to income of $ 0.61 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,034.00 million ~ $ 1,034.00 million, where as bottomline are predicted in a range of $ 0.79 ~ $ 0.95 per share
Click Here For More Historical Outlooks Of GCP Applied Technologies Inc.
Previous Quarter Performance
GCP Applied Technologies Inc. reported income for the second quarter of $ 0.09 per share, from the revenue of $ 195.40 million. The quarterly earnings decreased 52.63 percent while revenues dropped 25.48 percent compared with the same quarter last year. The top line results outshined analysts by $ 13.70 million or 7.54 percent.
Stock Performance
Shares of GCP Applied Technologies Inc. traded up $ 1.24 or 5.58 percent on Thursday, reaching $ 23.45 with volume of 201.40 thousand shares. GCP Applied Technologies Inc. has traded high as $ 23.76 and has cracked $ 22.28 on the downward trend
According to the previous trading day, closing price of $ 23.45, representing a 55.97 % increase from the 52 week low of $ 14.24 and a 19.59 % decrease over the 52 week high of $ 27.62.
The company has a market capital of $ 1.71 billion and is part of the Basic Materials sector and Specialty Chemicals industry.
GCP Applied Technologies Inc. produces and sells specialty construction chemicals and specialty building materials worldwide. Its Specialty Construction Chemicals segment offers concrete admixtures under the CONCERA, CLARENA, ADVA, STRUX, MIRA, TYTRO, POLARSET, ECLIPSE, DARACEM, DARASET, DCI, RECOVER, WRDA, and ZYLA brands; admixtures for decorative concrete under the PIERI brand; concrete production management and engineered systems under the VERIFI and DUCTILCRETE brands; and cement additives under the OPTEVA HE, TAVERO VM, CBA, SYNCHRO, HEA2, TDA, and ESE brands.
