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W.R. Grace Stock Spirals on 1Q18 Earnings and Revenue Beat

Peter Neil
W.R. Grace Stock Spirals on 1Q18 Earnings and Revenue Beat

W.R. Grace (GRA) reported revenues of $431.5 million for 1Q18 today, reflecting growth of 8.4% from 1Q17. The company beat Wall Street analysts’ estimates of $419.76 million. Revenue growth was driven by a 14.2% increase in Specialty Catalysts sales. GRA’s Materials Technologies grew 11.0% while the Catalysts Technologies’ segments grew 7.5%.