Calgon Carbon Corp. Reveals 37% Decline In Q2 Bottom Line

(RTTNews) - Calgon Carbon Corp. (CCC) reported a profit for second quarter that fell from last year.

The company said its bottom line totaled $7.90 million, or $0.15 per share. This was down from $12.58 million, or $0.24 per share, in last year's second quarter.

Analysts had expected the company to earn $0.17 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.1% to $132.60 million. This was down from $135.45 million last year.

Calgon Carbon Corp. earnings at a glance:

-Earnings (Q2): $7.90 Mln. vs. $12.58 Mln. last year. -Earnings Decline (Y-o-Y): -37.2% -EPS (Q2): $0.15 vs. $0.24 last year. -EPS Decline (Y-o-Y): -37.5% -Analysts Estimate: $0.17 -Revenue (Q2): $132.60 Mln vs. $135.45 Mln last year. -Revenue Change (Y-o-Y): -2.1%