The Chemours Company Q4 adjusted earnings Beat Estimates

(RTTNews) - The Chemours Company (CC) reported earnings for fourth quarter that declined from last year.

The company's earnings came in at $142 million, or $0.81 per share. This compares with $228 million, or $1.23 per share, in last year's fourth quarter.

Excluding items, The Chemours Company reported adjusted earnings of $185 million or $1.05 per share for the period.

Analysts had expected the company to earn $0.99 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 7.6% to $1.46 billion from $1.58 billion last year.

The Chemours Company earnings at a glance:

-Earnings (Q4): $185 Mln. vs. $229 Mln. last year. -EPS (Q4): $1.05 vs. $1.19 last year. -Analysts Estimate: $0.99 -Revenue (Q4): $1.46 Bln vs. $1.58 Bln last year.