Rockwood Q2 Earnings Rise - Quick Facts

(RTTNews) - Rockwood Holdings, Inc. (ROC) Wednesday reported higher profit for the second quarter, as net sales grew 4.1 percent year-on-year. Net income attributable to the company's stockholders rose to $46.7 million or $0.64 per share from $31.1 million or $0.39 per share a year ago. Net income from continuing operations, which included other net charges of $11.4 million, grew to $34.1 million or $0.47 per share from $25.7 million or $0.33 per share in the prior year. Excluding these other net charges, adjusted net income from continuing operations was $45.5 million or $0.62 per share. On average, 7 analysts polled by Thomson Reuters expected earnings per share of $0.49 for the quarter. Analysts' estimates typically exclude one-time items. Quarterly sales rose to $362.3 million from $347.9 million in the year-ago period, while analysts'revenue consensus was $370.03 million.