The Chemours Company Bottom Line Rises 239% In Q2

(RTTNews) - The Chemours Company (CC) announced a profit for its second quarter that rose from last year.

The company said its bottom line climbed to $166 million, or $0.87 per share. This was higher than $49 million, or $0.27 per share, in last year's second quarter.

Analysts had expected the company to earn $0.85 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 15.2% to $1.59 billion. This was up from $1.38 billion last year.

The Chemours Company earnings at a glance:

-Earnings (Q2): $166 Mln. vs. $49 Mln. last year. -Earnings Growth (Y-o-Y): 238.8% -EPS (Q2): $0.87 vs. $0.27 last year. -EPS Growth (Y-o-Y): 222.2% -Analysts Estimate: $0.85 -Revenue (Q2): $1.59 Bln vs. $1.38 Bln last year. -Revenue Change (Y-o-Y): 15.2%