季度业绩表现 - 季度每股收益为4.21美元 超出市场预期的4.18美元 相比去年同期的3.94美元有所增长 实现0.72%的盈利惊喜 [1] - 上一季度每股收益为4.09美元 超出预期的4.03美元 盈利惊喜为1.49% [1] - 季度营收为86.2亿美元 超出市场预期的0.17% 相比去年同期的83.6亿美元增长 [2] - 公司在过去四个季度中四次超出每股收益预期 两次超出营收预期 [2] 股价表现与市场比较 - 公司股价年初至今上涨约2.7% 而同期标准普尔500指数上涨16% [3] - 当前市场预期公司下季度每股收益为4.24美元 营收为86.3亿美元 本财年每股收益预期为16.46美元 营收预期为338.4亿美元 [7] 行业比较与展望 - 公司所属的专业化工行业在Zacks行业排名中处于后39%位置 [8] - 同行业公司Senestech, Inc. 预计季度每股亏损为0.35美元 同比改善83.1% 预计营收为73万美元 同比增长52.1% [9]

季度业绩表现 - 季度每股收益为2.08美元，超出市场预期的1.94美元，同比去年同期的1.89美元有所增长，经调整后收益惊喜达+7.22% [1] - 季度营收为4.9384亿美元，超出市场预期3.88%，同比去年同期的4.6227亿美元有所增长 [2] - 在过去四个季度中，公司有两次超出每股收益预期，三次超出营收预期 [2] 历史业绩与市场表现 - 上一季度公司每股收益为1.71美元，低于预期的1.82美元，收益惊喜为-6.04% [1] - 公司股价自年初以来下跌约7.3%，同期标普500指数上涨17.2% [3] 未来业绩预期与评级 - 当前市场对下一季度的共识预期为每股收益1.84美元，营收4.6745亿美元；当前财年共识预期为每股收益7.07美元，营收18.7亿美元 [7] - 在本次财报发布前，公司盈利预期修正趋势不佳，导致其Zacks评级为第4级（卖出） [6] 行业比较与前景 - 公司所属的专用化学品行业在Zacks行业排名中处于后34%的位置 [8] - 同行业公司International Flavors预计将于11月4日公布财报，预期季度每股收益为1.02美元，同比下降1.9%，但近期预期被上调4.9% [9][10] - International Flavors预期营收为26.3亿美元，同比下降10.2% [10]

Celanese (CE) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 6. On ...

Perimeter Solutions, SA (PRM) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to a loss of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +20.59%. A quarter ago, it was expected that this company would post earnings of $0.28 per share when it actually produced earnings of $0.39, delivering a surprise of +39.29%.Over the last four quarters, the c ...

Element Solutions (ESI) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +5.13%. A quarter ago, it was expected that this specialty chemical and printing products would post earnings of $0.36 per share when it actually produced earnings of $0.37, delivering a surprise of +2.78%.Over th ...

Ecolab (ECL) came out with quarterly earnings of $2.07 per share, beating the Zacks Consensus Estimate of $2.06 per share. This compares to earnings of $1.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +0.49%. A quarter ago, it was expected that this cleaning, food-safety and pest-control services company would post earnings of $1.9 per share when it actually produced earnings of $1.89, delivering a surprise of -0.53%.Over ...

Sherwin-Williams (SHW) came out with quarterly earnings of $3.59 per share, beating the Zacks Consensus Estimate of $3.46 per share. This compares to earnings of $3.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +3.76%. A quarter ago, it was expected that this paint and coatings maker would post earnings of $3.76 per share when it actually produced earnings of $3.38, delivering a surprise of -10.11%.Over the last four quar ...

Axalta Coating Systems (AXTA) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +4.69%. A quarter ago, it was expected that this high-performance coating system maker would post earnings of $0.61 per share when it actually produced earnings of $0.64, delivering a surprise of +4.92%.Over ...

Minerals Technologies (MTX) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +5.44%. A quarter ago, it was expected that this maker of mineral, mineral-based and synthetic mineral products would post earnings of $1.43 per share when it actually produced earnings of $1.55, delivering a ...

财报预期与历史表现 - 公司计划于2025年10月28日盘前公布2025年第三季度财报 [1] - 上一季度公司调整后每股收益为1.89美元，比市场预期低0.01美元 [1] - 过去四个季度中，公司每股收益两次超出预期，一次未达预期，一次持平，平均超出预期0.3% [1] - 2025年第三季度总营收预期为41.2亿美元，同比增长3.1% [14] - 2025年第三季度每股收益预期为2.06美元，同比增长12.6% [11][14] 全球水处理业务 - 自2025年第一季度起，全球工业板块更名为全球水处理板块，包含轻工业与重工业、食品饮料以及造纸业务 [3] - 该板块在2025年第二季度固定汇率和有机基础上销售额均实现增长，主要受食品饮料销售加速增长以及轻工业与重工业的稳健增长推动 [4] - 轻工业与重工业的增长动力来自全球高科技业务的持续强劲以及制造业和下游业务的稳健收益 [4] - 公司持续受益于对Barclay Water Management的收购 [5] - 全球高科技水处理业务强劲，销售增长加速，利用其创新和全球能力为微电子产品生产开发水循环解决方案以及数据中心的高性能冷却技术 [6] - 2025年第三季度全球水处理业务营收预期为19.4亿美元 [7] 全球害虫防治业务 - 2025年第二季度该板块固定汇率销售额增长反映了有机增长以及北美有吸引力的针对性收购带来的收益 [8] - 有机销售增长主要由食品饮料、餐饮、医疗保健和食品零售领域的良好收益推动 [8] - 公司正转向害虫智能监测，即对设备进行远程监控，并已为一家主要零售商完成部署，取得良好效果 [9] - 公司目前专注于加强其在美国及少数几个国家的商业业务 [9] - 2025年第三季度全球害虫防治业务营收预期为3.21亿美元，同比增长3.9% [10] 其他业务板块表现 - 公司正在整合其全球机构与特种板块下的机构和医疗保健部门，并将以合并为基础报告业绩 [12] - 2025年第二季度，该板块的特种业务实现了强劲的潜在销售增长，机构和特种业务均推动了强劲的新业务获胜并持续实行价值定价 [12] - 全球生命科学板块在2025年第二季度录得强劲的固定汇率和有机销售增长，生物工艺和制药及个人护理领域表现强劲 [26] - 公司预计生命科学市场将继续增长，生物制剂药物市场目前正显著增长，预计未来几年将达到两位数百分比增长 [26] 面临的挑战 - 公司持续面临造纸业务销售额下降以及基础工业的疲软 [13] - 公司目前正在克服退出非核心低利润率业务这一战略决策带来的阻力，这些退出主要影响医院和零售业务，拖累了机构特种业务第二季度的增长 [13] - 目前由关税不确定性引发的宏观经济环境波动可能影响公司表现 [13] 战略举措与长期展望 - 公司在全球水处理业务方面取得显著进展，包括通过收购Barclay Water Management来拓展业务 [22] - 2025年8月，公司达成最终协议收购Ovivo的电子业务，此次收购将通过结合Ovivo的超纯水技术与公司的水解决方案、数字技术和全球服务能力，进一步强化其全球高科技增长引擎 [25] - 合并后的技术平台有望使公司扩展其产品，为微电子客户提供循环水管理解决方案，旨在显著减少其制造过程中的淡水使用，同时最大化芯片产量和质量 [25] - 公司目前正努力成为一家完全无纸化的公司，所有业务都将数字化 [27] 股价表现与估值 - 过去三个月，公司股价上涨1.9%，表现优于特种化学品行业3.9%的跌幅，但逊于基础材料板块3.6%的涨幅和标普500指数6.6%的涨幅 [17] - 同期，同业公司Element Solutions Inc股价上涨8.7%，Symrise AG股价下跌8.9%，Croda International Plc股价上涨1.2% [19] - 公司未来12个月预期市盈率为33.1倍，高于行业平均的21.8倍，但低于其五年中位数33.4倍 [20] - 公司估值较同业存在溢价，Element Solutions、Symrise和Croda International的市盈率分别为16倍、18.8倍和18.2倍 [21]