Benzinga | Aug 5, 2020 08:06AM EDT

GCP Applied Technologies: Q2 Earnings Insights

Shares of GCP Applied Technologies (NYSE:GCP) rose 0.1% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 52.63% over the past year to $0.09, which beat the estimate of ($0.01).

Revenue of $195,400,000 decreased by 25.48% year over year, which beat the estimate of $181,700,000.

Looking Ahead

GCP Applied Technologies hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Aug 05, 2020

Time: 10:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/gcp/mediaframe/39620/indexr.html

Price Action

52-week high: $24.31

52-week low: $14.24

Price action over last quarter: Up 31.51%

Company Description

GCP Applied Technologies Inc produces and sells specialty construction chemicals, specialty building materials. Its business is spread across two segments. Its Specialty Construction Chemicals segment manufactures and markets products to reduce the cost and improve the performance of cement, concrete, mason and other cement-based construction materials; its Specialty Building Materials segment creates products that protect structures from water, air, vapor, and fire damage. The company earns the majority of its revenue from the sale of concrete admixtures and cement additives.