Calgon Carbon (CCC) Scheduled to Post Quarterly Earnings on Monday

Calgon Carbon (NYSE:CCC) is scheduled to be announcing its earnings results before the market opens on Monday, May 7th. Analysts expect the company to announce earnings of $0.13 per share for the quarter.

Calgon Carbon (NYSE:CCC) last announced its earnings results on Thursday, March 1st. The industrial products company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. The business had revenue of $161.55 million for the quarter, compared to analysts’ expectations of $161.25 million. Calgon Carbon had a net margin of 3.40% and a return on equity of 6.63%. On average, analysts expect Calgon Carbon to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

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Shares of Calgon Carbon stock opened at $21.50 on Friday. Calgon Carbon has a 12 month low of $12.00 and a 12 month high of $22.10. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.57 and a quick ratio of 1.60.

A number of equities analysts have recently commented on CCC shares. Zacks Investment Research cut shares of Calgon Carbon from a “hold” rating to a “sell” rating in a report on Thursday, February 15th. ValuEngine upgraded shares of Calgon Carbon from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Three research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $20.83.

Calgon Carbon Company Profile

Calgon Carbon Corporation is a manufacturer of activated carbon, with capabilities in ultraviolet (UV) light disinfection. The Company provides purification solutions for drinking water, wastewater, pollution abatement, and a range of industrial and commercial manufacturing processes. The Company operates through four segments: Activated Carbon and Service, Equipment, Consumer and Other.

Earnings History for Calgon Carbon (NYSE:CCC)

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