|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||12.37 - 12.69|
|52 Week Range||8.06 - 27.22|
|Beta (5Y Monthly)||2.09|
|PE Ratio (TTM)||13.79|
|Earnings Date||Jul 31, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||20.00|
AdvanSix (ASIX) delivered earnings and revenue surprises of 20.59% and -4.26%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of AdvanSix (NYSE:ASIX) decreased 0.0% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share decreased 51.76% year over year to $0.41, which beat the estimate of $0.31.Revenue of $233,022,000 decreased by 32.50% year over year, which missed the estimate of $281,300,000.Outlook AdvanSix hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: Jul 31, 2020View more earnings on ASIXTime: 09:00 AMET Webcast URL: https://78449.choruscall.com/dataconf/productusers/asix/mediaframe/39052/indexr.htmlTechnicals 52-week high: $27.22Company's 52-week low was at $8.06Price action over last quarter: Up 2.18%Company Description AdvanSix Inc. is an integrated manufacturer of Nylon 6, a polymer resin. Nylon 6 is a synthetic material used by the customers to produce engineered plastics, fibers, filaments, and films, which in turn are used in such end-products as automotive and electronic components, carpets, sports apparel, fishing nets and food and industrial packaging. In addition, it also sells a variety of other products, all of which are produced as part of the Nylon 6 resin manufacturing process including caprolactam, ammonium sulfate fertilizers, and other chemical intermediates. Geographically, the group operates through the United States and its business is also expanding internationally but it derives the majority of revenue from the United States region.See more from Benzinga * Earnings Scheduled For July 31, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
AdvanSix Announces Second Quarter 2020 Financial Results