AdvanSix: Q2 Earnings Snapshot

PARSIPPANY, N.J. (AP) — PARSIPPANY, N.J. (AP) — AdvanSix Inc. (ASIX) on Friday reported second-quarter earnings of $32.7 million.

The Parsippany, New Jersey-based company said it had profit of $1.16 per share. Earnings, adjusted for stock option expense and amortization costs, were $1.25 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.

The polymer resins producer posted revenue of $427.9 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $418.7 million.

AdvanSix shares have climbed almost 4% since the beginning of the year. The stock has increased 2% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASIX at https://www.zacks.com/ap/ASIX