Cytec reaffirms full year 2010 adjusted EPS outlook and revises segment earnings guidance

摘要

Cytec Industries Inc. has reaffirmed its oudook for 2010 full year adjusted diluted earnings per share to be in a range of $3.20 to $3.50 and revises its segment guidance as follows. The Coating Resins segment now anticipates full year sales in the range of $1,375 to $1,400 million, from the previous range of $1,350 to $1,450 million, for a revised fourth quarter sales range of approximately $300 to $325 million. Full year operating earnings are now forecasted to be in the range of $60 to $70 million versus our prior estimate of $70 to $80 million for a revised fourth quarter range of a $4 million operating loss to $6 million of operating earnings.