The Chemours Company (CC), a provider of industrial and specialty chemicals products, Monday reported net loss of $27 million or $0.18 per share for the third quarter, compared with net profit of $12 million, or $0.08 per share in the same quarter a year ago, primarily impacted by a non-cash impairment charge of $56 million.
Excluding one-time items, earnings rose to $61 million or $0.40 per share from $65 million or $0.43 per share last year.
Sales for the quarter were $1.501 billion, up from $1.487 billion in the previous year.
On average, 9 analysts expected the company to report earnings of $0.28 per share on sales of $1.44 billion for the quarter. Analysts' estimates typically exclude special items.
For the fourth quarter, the company anticipates sales to decrease in the mid to high-single digits sequentially.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.