AdvanSix: Q4 Earnings Snapshot

PARSIPPANY, N.J. (AP) — PARSIPPANY, N.J. (AP) — AdvanSix Inc. (ASIX) on Friday reported fourth-quarter earnings of $33.6 million.

The Parsippany, New Jersey-based company said it had profit of $1.18 per share. Earnings, adjusted for one-time gains and costs, came to $1.27 per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.56 per share.

The polymer resins producer posted revenue of $404.1 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $472.6 million.

For the year, the company reported profit of $171.9 million, or $5.92 per share. Revenue was reported as $1.95 billion.

AdvanSix shares have climbed 10% since the beginning of the year. The stock has risen 1% in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ASIX at

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up