NYSE$CC

The Chemours · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Chemours reported strong second quarter results with recovery momentum across all segments.

Chemours reported a strong second quarter in 2021, with net sales of $1.7 billion, a 51% increase year-over-year. Net income was $66 million, with an EPS of $0.39. Adjusted EBITDA was $366 million, up 120% year-over-year, and free cash flow was $189 million, an increase of $139 million year-over-year.

  • Net Sales of $1.7 billion, up 51% year-over-year
  • Net Income of $66 million with EPS of $0.39
  • Adjusted Net Income of $205 million with Adjusted EPS of $1.20, up $1.02 year-over-year
  • Free cash flow of $189 million, an increase of $139 million year-over-year

Headline financials

Total Revenue

$1.66B

Previous: $1.09B+51.4%
EPS (adj)

$1.20

Previous: $0.18+566.7%
Capital Expenditures

-$127M

Previous: -$167M+24.0%
Free Cash Flow

-$61M

Previous: -$143M+57.3%
Net Income

$66M

Previous: $24M+175.0%
Operating Income

$60M

Previous: $52M+15.4%
Gross Profit

$264M

Previous: $199M+32.7%
Cash & Equivalents

$1.14B

Previous: $1.03B+10.5%
Total Assets

$7.48B

Previous: $7.03B+6.3%
Stock-Based Comp

$8M

Previous: $1M+700.0%

Revenue & EPS history

Chemours · Revenue · Quarterly

$1.66B

Q2 2021+51.4%vs Q2 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

Given strong second quarter results and continued business momentum, Chemours now expects 2021 Adjusted EBITDA and Adjusted EPS to be in the top end of its guidance ranges.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+1.4%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+1.2%

Avg return

30 days after

55%

27 / 49 earnings

Positive

+24.2%

Q4 2019

Best reaction

-23.0%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-15.7%-9.6%-26.8%
Q4 2025-16.5%-11.7%-13.3%
Q3 2025+6.8%+7.4%+8.2%
Q1 2025-9.4%-0.9%-8.1%
Q4 2024+3.9%-0.4%-12.8%
Q3 2024+11.6%+11.1%+19.4%
Q2 2024-15.0%-22.5%-19.6%
Q1 2024-6.1%-4.0%-7.6%
Q4 2023-4.1%+5.0%-0.2%
Q3 2023-0.1%+2.1%+11.7%
Q2 2023-4.8%-4.0%-14.8%
Q1 2023+6.4%+11.1%+4.4%
Q4 2022-1.7%-0.8%-10.7%
Q3 2022+1.0%-0.9%+13.5%
Q2 2022+4.0%+1.6%+4.5%
Q1 2022+17.7%+21.1%+31.7%
Q4 2021-16.8%-13.9%-26.9%
Q3 2021+8.0%+4.7%-3.0%
Q2 2021+1.9%+4.7%+6.5%
Q1 2021+4.4%+14.7%+23.0%
Q4 2020-2.6%-1.8%+7.1%
Q3 2020+2.2%+8.3%+23.0%
Q2 2020-0.3%+5.9%+12.8%
Q1 2020+12.9%+18.3%+44.4%
Q4 2019+24.2%+19.1%-33.9%
Q3 2019+13.9%+13.4%-11.1%
Q2 2019-23.0%-26.5%-25.7%
Q1 2019-1.8%-16.4%-39.4%
Q4 2018-2.6%-3.0%-2.2%
Q3 2018+4.1%+2.9%-13.7%
Q2 2018+4.9%+6.7%-2.8%
Q1 2018+4.5%+4.4%+1.7%
Q4 2017+2.7%+2.5%+4.5%
Q3 2017-8.4%-10.5%-9.0%
Q2 2017-1.6%+3.8%+4.3%
Q1 2017-1.0%+2.4%-0.7%
Q4 2016-0.5%+3.1%+8.4%
Q3 2016+12.7%+21.1%+52.3%
Q2 2016+13.2%+25.8%+49.6%
Q1 2015-3.1%
Q1 2016+9.6%
Q1 2014+2.3%
Q4 2013+2.3%
Q4 2015+14.3%
Q3 2014-17.2%
Q3 2015-17.2%
Q4 2014+16.3%
Q2 2014+16.3%
Q2 2015+16.3%

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