Chemours EPS missed by $0.05 while revenue beat by $10M.
Context
What happened: Chemours (CC) reported Q3 Non-GAAP EPS of $0.21, which missed estimates by $0.05, while revenue of $1.54B beat by $10M.
Key numbers: Non-GAAP EPS $0.21, miss of $0.05. Revenue $1.54B, up 2.7% Y/Y, beat of $10M. Q4 outlook expects consolidated Net Sales to decrease in the range of 5% to.
Why it matters: Earnings fell short of estimates even as revenue grew year over year, and the company guided to lower consolidated Net Sales in the fourth quarter.
Coverage: 3 outlets in 24h
What changed
Chemours (CC) reported Q3 Non-GAAP EPS of $0.21, which missed estimates by $0.05, while revenue of $1.54B beat by $10M.