earnings
confidence high
sentiment positive
materiality 0.85
AdvanSix Q3 net income $43.9M ($1.51 EPS); sales up 58%; initiates $0.125 quarterly dividend
AdvanSix Inc.
2021-Q3 EPS reported
$4.02
revenue$1,260,561,000
- Net income $43.9M ($1.51 diluted EPS) vs loss of $0.7M ($0.02 loss) in prior year.
- Sales $446.5M, up 58% YoY driven by pricing (+28% market, +22% pass-through) and volume (+8%).
- EBITDA $75.2M (16.8% margin) vs $15.8M (5.6%) a year ago.
- Initiated quarterly dividend of $0.125/share, payable Nov 23, 2021; record Nov 9.
- New $500M 5-year revolving credit facility closed Oct 27; $150M borrowed at close.