Axiall Q2 Profit Surges

(RTTNews) - Axiall Corp. (AXLL) Wednesday reported second-quarter net income of $72.8 million or $1.03 per share, up from $13.6 million or $0.39 per share last year.

Adjusted earnings for the quarter were $84.0 million or $1.19 per share, compared to $17.7 million or $0.51 per share last year.

On average, 11 analysts polled by Thomson Reuters estimated earnings of $1.17 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the quarter grew to $1.27 billion from $867.7 million last year. Analysts estimated revenues of $1.26 billion for the quarter.