Stepan Co. (SCL) Misses Q2 Earnings and Revenue Estimates

Stepan Co. (SCL) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -38.81%. A quarter ago, it was expected that this specialty chemicals company would post earnings of $0.35 per share when it actually produced earnings of $0.64, delivering a surprise of 82.86%. Stepan Co. Shares have lo ...