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Stepan to Announce Fourth Quarter and Full Year 2024 Results on February 19, 2025
Prnewswire· 2025-01-29 12:00
Core Viewpoint - Stepan Company will release its fourth quarter and full year 2024 earnings results on February 19, 2025, followed by a conference call to discuss financial and operational performance [1][2]. Group 1: Earnings Release Details - The earnings results will be available at approximately 7:00 a.m. ET on February 19, 2025 [1]. - A conference call will take place at 9:00 a.m. ET on the same day, hosted by the President and CEO, Luis E. Rojo, and the Interim CFO, Samuel S. Hinrichsen [2]. Group 2: Access Information - Participants can access the call via phone or webcast, with a registration link provided for phone access [3]. - A replay of the conference call will be available shortly after the event on the company's website [3]. Group 3: Company Profile - Stepan Company is a major manufacturer of specialty and intermediate chemicals, particularly known for surfactants used in cleaning and disinfection products, as well as polyurethane polyols for thermal insulation [4]. - The company operates modern production facilities across North and South America, Europe, and Asia [5]. - Stepan's common stock is traded on the New York Stock Exchange under the symbol SCL [5].
Stepan(SCL) - 2024 Q3 - Quarterly Report
2024-11-06 15:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 1-4462 STEPAN COMPANY (Exact name of registrant as specified in its charter) Delaware 36-1823834 (State or other jurisdiction of in ...
Stepan(SCL) - 2024 Q3 - Earnings Call Presentation
2024-10-30 16:34
Third Quarter 2024 Earnings Results October 30, 2024 Providing innovative chemical solutions for a cleaner, healthier, more energy efficient world. Cautionary Statement Certain information in this presentation consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include statements about Stepan Company's plans ...
Stepan(SCL) - 2024 Q3 - Earnings Call Transcript
2024-10-30 16:34
Stepan Company (NYSE:SCL) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Sam Hinrichsen - Vice President and Interim CFO Quinn Stepan - Chairman Luis Rojo - President and CEO Conference Call Participants Mike Harrison - Seaport Research Partners Dave Storms - Stonegate David Silver - CL King and Associates Operator Good morning. And welcome to the Stepan Company Third Quarter 2024 Earnings Conference Call. During the presentation, all participants will be in listen-only mo ...
Stepan Co. (SCL) Tops Q3 Earnings Estimates
ZACKS· 2024-10-30 13:20
Stepan Co. (SCL) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 60.94%. A quarter ago, it was expected that this specialty chemicals company would post earnings of $0.67 per share when it actually produced earnings of $0.41, delivering a surprise of -38.81%.Over the last four quarter ...
Stepan Company: Not A Great Performance, But Good Value
Seeking Alpha· 2024-10-30 11:15
Analyst's Disclosure: I/we have a beneficial long position in the shares of SCL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advice ...
Stepan(SCL) - 2024 Q3 - Quarterly Results
2024-10-30 11:00
Exhibit 99.1 1 Stepan Reports Third Quarter 2024 Results Northbrook, Illinois, October 30, 2024 -- Stepan Company (NYSE: SCL) today reported: Third Quarter 2024 Highlights • Reported net income was $23.6 million, up 88% versus prior year. Adjusted net income(1) was $23.7 million, up 61% versus prior year, largely due to higher margins and a lower effective tax rate. The year-over-year change in effective tax rate positively impacted net income by $6.8 million, or $0.30 per diluted share. • EBITDA(2) was $53 ...
Stepan Reports Third Quarter 2024 Results
Prnewswire· 2024-10-30 11:00
NORTHBROOK, Ill., Oct. 30, 2024 /PRNewswire/ -- Stepan Company (NYSE: SCL) today reported: Third Quarter 2024 Highlights Reported net income was $23.6 million, up 88% versus prior year. Adjusted net income(1) was $23.7 million, up 61% versus prior year, largely due to higher margins and a lower effective tax rate. The yearover-year change in effective tax rate positively impacted net income by $6.8 million, or $0.30 per diluted share. EBITDA(2) was $53.0 million and Adjusted EBITDA(2) was $53.1 million, up ...
Stepan Increases Quarterly Cash Dividend, Marking the 57th Consecutive Year of Increases
Prnewswire· 2024-10-30 11:00
NORTHBROOK, Ill., Oct. 30, 2024 /PRNewswire/ -- Stepan Company (NYSE: SCL) today reported: The Board of Directors of Stepan Company has approved an increase of $0.01 per share, or 2.7%, on the quarterly cash dividend on the Company's common stock. The dividend of $0.385 per share is payable on December 13, 2024, to common stockholders of record on November 29, 2024. The increase marks the 57th consecutive year in which the quarterly dividend on the Company's common stock has increased. Corporate Profile Ste ...
Stepan Promotes Luis E. Rojo to President and Chief Executive Officer
Prnewswire· 2024-10-30 10:55
Company Leadership Changes - Stepan Company has appointed Luis E. Rojo as President and Chief Executive Officer, effective immediately [1] - Scott R. Behrens is leaving the company after a 31-year career to pursue other opportunities, with appreciation expressed for his contributions [2] - Samuel S. Hinrichsen will serve as Vice President and Interim Chief Financial Officer until a permanent replacement is found [4] Executive Background - Luis E. Rojo was previously the Vice President and Chief Financial Officer of Stepan, a role he held since April 2018, and has 21 years of experience at Procter & Gamble [3] - Rojo's leadership is expected to focus on driving profitable growth through customer-centric innovation and operational excellence [4] Company Profile - Stepan Company is a major manufacturer of specialty and intermediate chemicals, including surfactants for cleaning products and polyurethane polyols for thermal insulation [5] - The company operates modern production facilities across North and South America, Europe, and Asia, and is publicly traded on the NYSE under the symbol SCL [6]