Edition:
United Kingdom

Covia Q4 Loss Per Share $0.37 From Continuing Operations


Thursday, 21 Mar 2019 

March 21 (Reuters) - Covia Holdings Corp ::COVIA ANNOUNCES FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 REVENUE $441 MILLION VERSUS REFINITIV IBES ESTIMATE OF $464.9 MILLION.Q4 LOSS PER SHARE $0.37 FROM CONTINUING OPERATIONS.Q4 EARNINGS PER SHARE ESTIMATE $-0.30 -- REFINITIV IBES DATA.SEES Q1 INDUSTRIAL VOLUMES OF 3.5 MILLION TONS.SEES Q1 ENERGY VOLUMES OF 4.4 MILLION TONS.SEES 2019 SELLING, GENERAL AND ADMINISTRATIVE EXPENSES OF $160 MILLION TO $170 MILLION.SEES 2019 CAPITAL EXPENDITURES ARE EXPECTED TO BE IN RANGE OF $80 MILLION TO $100 MILLION.QTRLY TOTAL VOLUMES OF 7.8 MILLION TONS, DECREASED 14% COMPARED TO Q4 OF 2017 ON A PRO FORMA BASIS.SEES Q2 INDUSTRIAL VOLUMES OF 3.8 MILLION TONS, RELATIVELY FLAT TO Q2 OF 2018 ON A PRO FORMA BASIS.SEES Q2 ENERGY VOLUMES OF 5.0 MILLION TO 5.3 MILLION TONS. 

Company Quote

2.92
-0.2 -6.41%
22 May 2019