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Univar: 2Q Earnings Snapshot

DOWNERS GROVE, Ill. (AP) _ Univar Inc. (UNVR) on Wednesday reported second-quarter earnings of $56.1 million.

On a per-share basis, the Downers Grove, Illinois-based company said it had net income of 40 cents. Earnings, adjusted for non-recurring costs, came to 47 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 48 cents per share.

The specialty chemicals company posted revenue of $2.37 billion in the period.

Univar expects full-year earnings in the range of $1.65 to $1.85 per share.

Univar shares have decreased 11 percent since the beginning of the year. The stock has dropped 11 percent 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 UNVR at https://www.zacks.com/ap/UNVR