Calgon Carbon Corp. Reveals 47% Fall In Q3 Bottom Line

(RTTNews) - Calgon Carbon Corp. (CCC) revealed a profit for third quarter that dropped from last year.

The company said its earnings totaled $6.39 million, or $0.13 per share. This was down from $12.11 million, or $0.23 per share, in last year's third quarter.

Analysts had expected the company to earn $0.14 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 6.8% to $123.97 million. This was down from $132.98 million last year.

Calgon Carbon Corp. earnings at a glance:

-Earnings (Q3): $6.39 Mln. vs. $12.11 Mln. last year. -Earnings Decline (Y-o-Y): -47.2% -EPS (Q3): $0.13 vs. $0.23 last year. -EPS Decline (Y-o-Y): -43.5% -Analysts Estimate: $0.14 -Revenue (Q3): $123.97 Mln vs. $132.98 Mln last year. -Revenue Change (Y-o-Y): -6.8%