Stepan Co.: Q2 Earnings Snapshot

NORTHBROOK, Ill. (AP) — NORTHBROOK, Ill. (AP) — Stepan Co. (SCL) on Wednesday reported second-quarter net income of $12.7 million.

The Northbrook, Illinois-based company said it had profit of 55 cents per share. Earnings, adjusted for non-recurring gains, were 53 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.17 per share.

The specialty chemicals company posted revenue of $580 million in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $669.9 million.

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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 SCL at https://www.zacks.com/ap/SCL