earnings
confidence high
sentiment positive
materiality 0.80
AdvanSix reports record Q2 sales $438M, EPS $1.53, up 273% YoY; tight supply lifts margin
AdvanSix Inc.
2021-Q2 EPS reported
$2.51
revenue$814,065,000
- Sales $437.7M (+88% YoY) on 32% higher volume, 31% raw material pass-through, 25% market-based pricing.
- Diluted EPS $1.53 (vs $0.41); net income $44.1M (+$32.7M). EBITDA $76.0M, margin 17.4% (+420 bps).
- Cash from ops $51.9M (+$43.1M); free cash flow $41.6M vs -$8.7M. Capex $10.3M in quarter.
- 2021 capex guidance lowered to $65-70M (from $70-80M); turnaround impact expected $24-27M (from $25-30M).
- CEO cites record earnings and cash flow; Investor Day set for Sept 28.