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Stepan Co (SCL.N)

SCL.N on New York Stock Exchange

94.25USD
22 Aug 2019
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$-1.14 (-1.20%)
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Latest Key Developments (Source: Significant Developments)

Stepan Reports Q2 Adjusted Earnings Per Share $1.50
Wednesday, 24 Jul 2019 

July 24 (Reuters) - Stepan Co ::STEPAN REPORTS SECOND QUARTER RESULTS AND FIRST HALF EARNINGS.Q2 ADJUSTED EARNINGS PER SHARE $1.50.Q2 EARNINGS PER SHARE $1.30.Q2 EARNINGS PER SHARE ESTIMATE $1.34 -- REFINITIV IBES DATA.STEPAN Q2 SURFACTANT SALES VOLUME DOWN 8% MOSTLY DUE TO EXIT FROM SULFONATION BUSINESS IN GERMANY, LOWER DEMAND IN SOME NORTH AMERICAN END MARKETS.BELIEVE FULL YEAR SPECIALTY PRODUCT RESULTS WILL IMPROVE VERSUS 2018 .OVERALL, WE REMAIN CAUTIOUSLY OPTIMISTIC ABOUT BALANCE OF YEAR.ECATEPEC FACILITY IS NOW FULLY OPERATIONAL AND COMPANY'S INSURANCE PROVIDER HAS ACKNOWLEDGED THIS INCIDENT IS A COVERED EVENT.QTRLY NET SALES $473 MILLION VERSUS $519.9 MILLION AS ADJUSTED.Q2 REVENUE VIEW $519.2 MILLION -- REFINITIV IBES DATA.FY CAPITAL EXPENDITURES ARE EXPECTED TO BE IN RANGE OF $110 MILLION AND $130 MILLION.  Full Article

Stepan Reports Q1 Earnings Per Share $1.07
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Stepan Co ::STEPAN REPORTS FIRST QUARTER EARNINGS.Q1 ADJUSTED EARNINGS PER SHARE $1.31.Q1 EARNINGS PER SHARE $1.07.Q1 EARNINGS PER SHARE ESTIMATE $1.27 -- REFINITIV IBES DATA.QTRLY NET SALES $489.2 MILLION, DOWN 2%.QUARTERLY NET SALES $489.2 MILLION VERSUS $499.3 MILLION.FOR FULL YEAR, CAPITAL EXPENDITURES ARE EXPECTED TO BE IN RANGE OF $110 MILLION TO $130 MILLION.LOOKING FORWARD, WE BELIEVE OUR SURFACTANT BUSINESS WILL CONTINUE TO BENEFIT FROM OUR DIVERSIFICATION EFFORTS.STEPAN - SPECIALTY PRODUCT SEGMENT WILL DELIVER BETTER MARGINS AND COMBINED WITH RESTRUCTURING EFFORTS SEGMENT SHOULD PROVIDE H2 BENEFITS.OPTIMISTIC POLYMER BUSINESS WILL DELIVER FULL YEAR VOLUME GROWTH AND INCREMENTAL MARGIN IMPROVEMENT VERSUS 2018.  Full Article

Stepan Announces Appointment Of New VP And CFO
Wednesday, 11 Apr 2018 

April 10 (Reuters) - Stepan Co ::STEPAN ANNOUNCES APPOINTMENT OF NEW VP AND CHIEF FINANCIAL OFFICER.HAS APPOINTED LUIS ROJO AS VICE PRESIDENT AND CHIEF FINANCIAL OFFICER.ROJO WILL SUCCEED MATTHEW EAKEN.MATTHEW EAKEN WILL CONTINUE IN HIS ROLE AS VICE PRESIDENT AND CORPORATE CONTROLLER.  Full Article

Stepan Q4 Earnings Per Share $0.42
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - Stepan Co ::STEPAN REPORTS FOURTH QUARTER AND RECORD FULL YEAR 2017 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $1.06.Q4 EARNINGS PER SHARE $0.42.CURRENT YEAR ADJUSTED NET INCOME EXCLUDES A $14.9 MILLION NET AFTER-TAX CHARGE RELATED TO NEW U.S. TAX CUTS AND JOBS ACT LEGISLATION.QTRLY ‍NET SALES $473.8 MILLION VERSUS $420.6 MILLION​.Q4 EARNINGS PER SHARE VIEW $0.72, REVENUE VIEW $458.0 MILLION -- THOMSON REUTERS I/B/E/S.QTRLY NET SALES $473.8 MILLION VERSUS $420.6 MILLION.  Full Article

Stepan Co Executes $350 Mln 5-Year Revolving Credit Facility Agreement
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Stepan Co ::STEPAN COMPANY EXECUTES $350 MILLION FIVE YEAR REVOLVING CREDIT FACILITY AGREEMENT.STEPAN CO - HAS ENTERED INTO A FIVE YEAR COMMITTED $350 MILLION MULTI-CURRENCY REVOLVING CREDIT FACILITY THAT MATURES ON JANUARY 30, 2023.STEPAN CO - ENTERED INTO 5 YEAR COMMITTED $350 MILLION MULTI-CURRENCY REVOLVING CREDIT FACILITY THAT MATURES ON JANUARY 30, 2023 WITH A SYNDICATE OF BANKS.STEPAN CO - ‍CREDIT AGREEMENT REPLACES COMPANY'S PREVIOUS $125 MILLION REVOLVING CREDIT AGREEMENT THAT WAS SCHEDULED TO EXPIRE IN JULY 2019​.  Full Article

Stepan CFO Scott Beamer To Resign - SEC Filing
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Stepan Co ::STEPAN SAYS ON DEC 8, SCOTT BEAMER, CFO, NOTIFIED CO HE INTENDS TO RESIGN - SEC FILING.STEPAN CO - EFFECTIVE AS OF JAN 12, 2018, MATTHEW EAKEN WILL SERVE AS INTERIM CFO OF CO.STEPAN CO - INTENDS TO CONDUCT SEARCH TO IDENTIFY A PERMANENT CFO.  Full Article

Stepan reports Q3 adj. EPS of $0.92
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Stepan Co :Stepan reports third quarter results.Q3 adjusted earnings per share $0.92.Q3 earnings per share $0.94.Q3 earnings per share view $1.09 -- Thomson Reuters I/B/E/S.Says ‍for full year, capital expenditures are expected to be between $85 million and $95 million​.Stepan Co - qtrly ‍net sales $487.8 million versus $445.0 million.Q3 revenue view $469.8 million -- Thomson Reuters I/B/E/S.  Full Article

Stepan increases quarterly cash dividend
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Stepan Co :Stepan increases quarterly cash dividend.Stepan Co - ‍on October 24, board of Stepan Co approved an increase of $0.02 per share or 10 percent on its quarterly cash dividend on its common stock.  Full Article