Stepan Company (SCL), a specialty chemicals manufacturer, Tuesday reported a loss of $1.19 million, or $0.05 per share for the fourth quarter, compared with profit of $10.83 million of or $0.47 per share, in the prior year.
Excluding special items, the company posted a profit of $7.49 million, or $0.33 per share.
Sales for the quarter declined to $532.13 million from $627.18 million in the previous year.
Analysts on average, polled by Thomson-Reuters expected the company to report earnings of $0.37 per share on revenue of $534.52 million for the quarter. Analysts' estimates typically exclude special items.
Additionally, the company's Board has declared a quarterly dividend of $0.375 per share, payable on March 15, to stockholders of record on March 1.
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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.