ASIX - AdvanSix Non-GAAP EPS of $2.30 misses by $0.09 revenue of $583.74M beats by $26.24M
- AdvanSix press release ( NYSE: ASIX ): Q2 Non-GAAP EPS of $2.30 misses by $0.09 .
- Revenue of $583.74M (+33.4% Y/Y) beats by $26.24M .
- Outlook : Targeting significant earnings growth in 2022 supported by strength of our integrated business model and diverse end market exposure; Expect continued healthy North America demand for nylon and chemical intermediates; Expect favorable underlying agriculture industry fundamentals to continue; North America ammonium sulfate seasonality expected to drive 3Q22 higher export mix sequentially; Successful integration of U.S. Amines expected to deliver year one earnings accretion; Continue to expect Capital Expenditures to be $95M to $105M in 2022; Continue to expect pre-tax income impact of planned plant turnarounds to be approximately $32M to $37M in 2022.
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AdvanSix Non-GAAP EPS of $2.30 misses by $0.09, revenue of $583.74M beats by $26.24M