Rockwood Holdings Q3 Profit Climbs, Beats Estimates - Quick Facts

(RTTNews) - Rockwood Holdings, Inc. (ROC) Wednesday reported third-quarter net income from continuing operations of $54.4 million or $0.75 per share, a sharp rise from $8.4 million or $0.11 per share for the same period last year. The prior-year earnings included other net charges of $21.5 million. Excluding certain items, adjusted net income from continuing operations totaled $45.3 million or $0.63 per share. On average, 7 analysts polled by Thomson Reuters expected earnings per share of $0.58 for the quarter. Analysts' estimates typically exclude one-time items. Quarterly sales grew to $356.3 million from $345.8 million a year ago, while analysts were looking for revenues of $358.44 million. Robert Zatta, CEO of the group said: "Given the solid year-to-date performance from our core businesses and the Talison joint venture, our outlook for the fourth quarter and full year 2014 remains in line with our expectations."