Arch Chemicals Inc. (ARJ) reported fourth-quarter net income of $2.7 million or $0.11 per share compared to a loss of $18.9 million or $0.75 per share last year.
On average, 4 analysts polled by Thomson Reuters expected the company to report a loss of $0.04 per share for the quarter. Analysts' estimates typically exclude special items. Sales were $333.5 million compared to $307.5 million lastyear. Analysts expected revenue of $313.90 million for the quarter.
The company expects full-year 2010 sales to increase by approximately 8% to 10% as a result of strong organic growth from the biocides businesses. Earnings per share are forecast to be in the $1.90 to $2.10 range.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.