Arkema (OTCMKTS:ARKAY) Posts Earnings Results, Misses Expectations By $0.33 EPS

Arkema (OTCMKTS:ARKAY - Get Free Report) issued its quarterly earnings data on Thursday. The basic materials company reported $1.35 EPS for the quarter, missing the consensus estimate of $1.68 by ($0.33), Zacks reports. Arkema had a return on equity of 8.04% and a net margin of 3.82%. The business had revenue of $2.39 billion for the quarter, compared to analyst estimates of $2.50 billion.

Arkema Stock Down 1.3 %

Shares of OTCMKTS:ARKAY traded down $1.08 during trading on Monday, hitting $81.20. 3,115 shares of the company's stock traded hands, compared to its average volume of 14,438. The company has a 50-day moving average price of $79.30 and a 200-day moving average price of $84.25. Arkema has a 52 week low of $71.26 and a 52 week high of $111.79. The company has a current ratio of 2.11, a quick ratio of 1.54 and a debt-to-equity ratio of 0.48. The company has a market cap of $6.18 billion, a price-to-earnings ratio of 16.24, a price-to-earnings-growth ratio of 0.53 and a beta of 1.22.

About Arkema

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates in three segments: Adhesive Solutions, Advanced Materials and Coating Solutions, and Intermediates. The Adhesive Solutions segment provides solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.