Chemical Stocks' Earnings Slated On Nov 4: UNVR, PAH & More
Zacks Investment Research | Nov 02, 2016 09:21PM ET
A few chemical companies are slated to report their quarterly results on Nov 4. As per the Zacks Industry classification, the chemical industry is grouped under the broader Basic Materials sector.
Based on the earnings scorecard as of Nov 2, 75% of the sector participants on the S&P 500 index have reported their quarterly numbers. Earnings for these companies have increased 7.5% from the same period last year while revenues are down 2.2%, per the latest What's in Store for Univar this Earnings Season? )
UNIVAR INC Price and EPS Surprise
the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Kronos missed estimates in three of the trailing four quarters with an average negative surprise of 74.22%.
Platform Specialty Products Corporation (NYSE:PAH) will report before the bell. The company has an Earnings ESP of -18.18% and a Zacks Rank #4 (Sell), making it difficult to predict an earnings beat. The company delivered an average negative earnings surprise of 15.52% over the trailing four quarters.
Valhi, Inc. (NYSE:VHI) has an Earnings ESP of 0.00% as both the Most Accurate estimate and the Zacks Consensus Estimate stand at a penny per share. The stock carries a Zacks Rank #3, but its 0.00% ESP makes surprise prediction difficult. Valhi beat estimates in two of the trailing four quarters, while it missed twice, resulting in an average negative surprise of 67.26%.
VALHI INC Price and EPS Surprise
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