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AMCOL International Corporation Message Board

  • steve.helton steve.helton Jul 17, 2008 3:36 PM Flag

    Q2 Earnings - July 18, 2008 - CC 11:00 AM

    Tomorrow before the open. Any speculation. Every time I guess, it only shows how little I know. Maybe I'll just comment after the fact.

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    • This looks like a much better report than last quarter. Earnings and revenues both up nicely. I bought more this week and am feeling pretty smart right now. Let's see what kind of guidance we get in the CC.


      http://biz.yahoo.com/prnews/080718/aqf502.html?.v=13

      Friday July 18, 6:45 am ET


      ARLINGTON HEIGHTS, Ill., July 18, 2008 /PRNewswire-FirstCall/ -- AMCOL International Corporation (NYSE: ACO - News) today reported 2008 second-quarter income from continuing operations of $17.9 million or $0.58 per diluted share, compared with $15.3 million or $0.49 per diluted share in the same prior-year period.
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      Net sales from continuing operations rose 28.2% to $233.8 million for the quarter ended June 30, 2008, compared with $182.5 million for the 2007 period. Acquisitions and favorable foreign currency translation represented approximately $8.7 million and $5.4 million, respectively, of the second- quarter sales growth. Operating profit increased by 22.5% over the 2007 period to $23.5 million. Acquisitions added $1.4 million to current-period operating profit while foreign currency translation contributed $0.8 million