NYSE$CC

The Chemours · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Chemours' second quarter results demonstrated strength with record TSS and APM performance.

Chemours reported record net sales of $1.9 billion, up 16% year-over-year, driven by strong demand across all segments. Record Adjusted EBITDA for both TSS and APM. The company is now targeting the high end of Adjusted EBITDA guidance and increasing Free Cash Flow outlook.

  • Record Net Sales of $1.9 billion, up 16% year-over-year, including record Net Sales in all three segments
  • Net Income of $201 million with EPS of $1.26, up $0.87 year-over-year
  • Adjusted Net Income of $302 million with Adjusted EPS of $1.89, up $0.69 year-over-year
  • Adjusted EBITDA of $475 million, up 30% year-over-year

Headline financials

Total Revenue

$1.92B

Previous: $1.66B+15.7%
EPS (adj)

$1.89

Previous: $1.20+57.5%
Capital Expenditures

-$168M

Previous: -$127M-32.3%
Free Cash Flow

$33M

Previous: -$61M+154.1%
Net Income

$201M

Previous: $66M+204.5%
Operating Income

$217M

Previous: $60M+261.7%
Gross Profit

$497M

Previous: $264M+88.3%
Cash & Equivalents

$1.25B

Previous: $1.14B+9.6%
Total Assets

$7.73B

Previous: $7.48B+3.4%
Stock-Based Comp

$7M

Previous: $8M-12.5%

Revenue & EPS history

Chemours · Revenue · Quarterly

$1.92B

Q2 2022+15.7%vs Q2 2021
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

Chemours anticipates achieving the high end of its full year Adjusted EBITDA range and are raising its cash flow outlook to greater than $600 million.

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 2022

Historical avgQ2 2022

+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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