Revenue Update on W. R. Grace & Co(NYSE:GRA)

W. R. Grace & Co(NYSE:GRA) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 1, 2016. Company reported revenue of $390.50M. Analysts estimated a revenue of $407.36M. Earnings per share were $0.74. Analysts had estimated an EPS of $0.68.

W. R. Grace & Co (GRA) made into the market gainers list on Mondays trading session with the shares advancing 1.42% or 1.08 points. Due to strong positive momentum, the stock ended at $76.92, which is also near the day’s high of $77.16. The stock began the session at $75.77 and the volume stood at 9,15,437 shares. The 52-week high of the shares is $84.223063 and the 52 week low is $62.962638. The company has a current market capitalization of $5,410 M and it has 7,03,34,615 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On May 12, 2016, Diane H. Gulyas (director) purchased 1,000 shares at $78.33 per share price.Also, On May 5, 2016, Mark A Shelnitz (VP, GC and Secretary) sold 34,810 shares at $76.97 per share price.On Dec 16, 2015, Keith N Cole (VP, Govt. Relations and EHS) purchased 3,000 shares at $93.50 per share price, according to the Form-4 filing with the securities and exchange commission.

W.R. Grace & Co. (Grace) is engaged in the production and sale of specialty chemicals and specialty materials on a global basis. The Company operates in three segments: Grace Catalysts Technologies which includes catalysts and related products and refining petrochemical and other chemical manufacturing technologies; Grace Materials Technologies which includes packaging technologies and engineered materials and Grace Construction Products which includes specialty construction chemicals and specialty building materials. Its brands include Sylojet Syloid Shieldex Sylosiv Sylowhite Durafill Ludox Sylodent Syloblanc Daraclar Trisyl Perkasil Phonosorb Sylobead Cryosiv Safetysorb Poliedge Sylobloc Synthetech Davisil Vydac Modcol Spring Multipacker Reveleris Revealx Graceresolv Visionht Vydac Alltech Alltima Sodasorb Darex Daraform Daraseal Darablend Sincera Celox Apperta and Sistiaga.

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