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Ecovyst Reiterates FY24 Outlook: Adj EPS $0.45-$0.63 Vs $0.56 Est; Sales Of $700M-$740M Vs $718.77M Est

EcovystはFY24の展望を再確認: 調整後EPS $0.45-$0.63 予想 $0.56に対して; 売上高 $70000万-$74000万 予想 $71877万に対して

Benzinga ·  10/31 06:05

The Company's current guidance for full year 2024 is as follows:

  • Sales of $700 million to $740 million
  • Sales of $115 million to $135 million for proportionate 50% share of Zeolyst Joint Venture, which is excluded from GAAP Sales
  • Full year 2024 Adjusted EBITDA1 of $230 million to $245 million
  • Free Cash Flow1 of $75 million to $85 million
  • Capital expenditures of $70 million to $80 million
  • Interest expense of $48 million to $52 million
  • Depreciation & Amortization
    • Ecovyst - $88 million to $92 million
    • Zeolyst J.V. - $12 million to $14 million
  • Effective tax rate in the mid 20% range
  • Full year 2024 Adjusted Net Income1 of $53 million to $74 million, with Adjusted Diluted Income per share of $0.45 to $0.63.
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