NYSE$CC

The Chemours · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Chemours' third quarter results demonstrated progress in executing the business plan and steady recovery of key markets. The company maintained a strong balance sheet and liquidity position, while also advancing its Corporate Responsibility Commitment.

Chemours reported net sales of $1.2 billion and net income of $76 million for the third quarter of 2020. The company's adjusted EBITDA was $210 million, and it generated a free cash flow of $252 million. The results reflect the company's resilience and execution in a challenging environment.

  • Net Sales of $1.2 billion.
  • Net Income of $76 million, with EPS of $0.46.
  • Adjusted Net Income of $78 million, with Adjusted EPS of $0.47.
  • Free Cash Flow of $252 million, a $92 million improvement from prior year.

Headline financials

Total Revenue

$1.23B

Previous: $1.39B-11.3%
EPS (adj)

$0.47

Previous: $0.59-20.3%
Capital Expenditures

-$214M

Previous: -$385M+44.4%
Free Cash Flow

-$138M

Previous: -$309M+55.3%
Net Income

$76M

Previous: $76M+0.0%
Operating Income

$114M

Previous: $110M+3.6%
Gross Profit

$257M

Previous: $294M-12.6%
Cash & Equivalents

$956M

Previous: $694M+37.8%
Total Assets

$6.95B

Previous: $7.46B-6.8%
Stock-Based Comp

$3M

Previous: $4M-25.0%

Revenue & EPS history

Chemours · Revenue · Quarterly

$1.23B

Q3 2020-11.3%vs Q3 2019
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

Chemours is confident in creating sustained value through the economic recovery and remains committed to achieving its full potential.

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 Q3 2020

Historical avgQ3 2020

+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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