Univar (UNVR) Releases Q1 2019 Earnings Guidance

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Univar (NYSE:UNVR) updated its first quarter 2019 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $0.27-0.29 for the period, compared to the Thomson Reuters consensus estimate of $0.42. Univar also updated its Q1 guidance to $0.27-0.29 EPS.

A number of brokerages have commented on UNVR. ValuEngine raised shares of Univar from a strong sell rating to a sell rating in a report on Monday, February 4th. Zacks Investment Research raised shares of Univar from a strong sell rating to a hold rating in a report on Tuesday, January 29th. Vertical Research raised shares of Univar from a hold rating to a buy rating in a report on Thursday, January 3rd. Wells Fargo & Co decreased their price objective on shares of Univar from $27.00 to $23.00 and set an outperform rating on the stock in a report on Friday, December 21st. Finally, TheStreet lowered shares of Univar from a b- rating to a c+ rating in a report on Tuesday, December 4th. One analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of $29.20.

Univar stock traded up $0.25 during trading hours on Friday, reaching $21.35. 4,364,044 shares of the company’s stock traded hands, compared to its average volume of 1,089,997. The company has a current ratio of 1.77, a quick ratio of 1.14 and a debt-to-equity ratio of 2.07. Univar has a fifty-two week low of $16.33 and a fifty-two week high of $31.23. The company has a market cap of $3.02 billion, a PE ratio of 15.36, a PEG ratio of 1.02 and a beta of 1.56.

Univar (NYSE:UNVR) last released its earnings results on Friday, February 8th. The basic materials company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. Univar had a net margin of 2.30% and a return on equity of 19.82%. The company had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the prior year, the company posted $0.34 EPS. The company’s revenue was up .6% compared to the same quarter last year. Research analysts forecast that Univar will post 1.61 EPS for the current year.

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Univar Company Profile

Univar Inc distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, fertilizers, and feeds; storage, packaging, and logistics services for crop protection companies, storing chemicals, feed-grade materials, and seed and equipment parties; and pest control products and equipment.

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Earnings History and Estimates for Univar (NYSE:UNVR)

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