ASIX - AdvanSix EPS beats by $0.27 beats on revenue; outlook

AdvanSix (ASIX): Q1 GAAP EPS of $0.98 beats by $0.27.Revenue of $376M (+24.2% Y/Y) beats by $23.45M.Cash Flow from operations of $57.1M, an increase of $37.4M versus the prior year.Capital Expenditures of $14.2M, a decrease of $19.9M versus the prior year.Free Cash Flow of $42.9M, an increase of $57.3M versus the prior year.FY2021 outlook: Capital Expenditures to be $70 to $80M in 2021 and continue to expect pre-tax income impact of planned plant turnarounds to be $25 to $30 million in 2021Press Release

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AdvanSix EPS beats by $0.27, beats on revenue; outlook