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Stepan Co.: 1Q Earnings Snapshot

NORTHFIELD, Ill. (AP) _ Stepan Co. (SCL) on Tuesday reported first-quarter earnings of $25 million.

The Northfield, Illinois-based company said it had net income of $1.07 per share. Earnings, adjusted for non-recurring costs, came to $1.31 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.26 per share.

The specialty chemicals company posted revenue of $489.2 million in the period.

Stepan Co. shares have climbed 23% since the beginning of the year. The stock has climbed 26% in the last 12 months.


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