AP NEWS

GCP Applied Tech: 4Q Earnings Snapshot

February 26, 2020 GMT

CAMBRIDGE, Mass. (AP) _ GCP Applied Technologies Inc. (GCP) on Wednesday reported fourth-quarter earnings of $5.7 million.

On a per-share basis, the Cambridge, Massachusetts-based company said it had net income of 8 cents. Earnings, adjusted for one-time gains and costs, were 27 cents per share.

The specialty construction chemicals maker posted revenue of $258.3 million in the period.

For the year, the company reported profit of $46.3 million, or 64 cents per share. Revenue was reported as $1.01 billion.

GCP Applied Tech expects full-year earnings in the range of 79 cents to 95 cents per share.

GCP Applied Tech shares have declined 13% since the beginning of the year. The stock has fallen 25% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GCP at https://www.zacks.com/ap/GCP