Stepan beats estimates on disinfectants demand
23.07.2020
MOSCOW (MRC) -- Stepan reports second-quarter net income if USD35.8 million, 18.6% higher year-on-year (YOY), as strong demand for cleaning and disinfectant products due to COVID-19 more than offset weakness in construction and oilfield markets, said Chemweek.Adjusted earnings of USD1.65/share was 10.0% higher YOY and handily beat the analysts' consensus estimate of USD1.20/share, as repo