AdvanSix: Q4 Earnings Snapshot

PARSIPPANY, N.J. (AP) — PARSIPPANY, N.J. (AP) — AdvanSix Inc. (ASIX) on Friday reported a fourth-quarter loss of $5.1 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Parsippany, New Jersey-based company said it had a loss of 19 cents. Losses, adjusted for one-time gains and costs, were 10 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.

The polymer resins producer posted revenue of $382.2 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $335.8 million.

For the year, the company reported profit of $54.6 million, or $1.95 per share. Revenue was reported as $1.53 billion.

AdvanSix shares have declined 8.5% since the beginning of the year. The stock has declined 35% 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