Earnings Preview: Cytec

Published on Monday, 30 January 2012 13:32 Written by Christian Paolinetti

New York, January 30th (TradersHuddle.com) - Shares of Cytec Industries Inc. (NYSE:CYT) are trading lower by -0.52% ahead of its quarterly earnings release. Cytec, the global specialty chemicals and materials company is expected to release its quarterly results on January 31^st.

Wall Street Analysts consensus calls for a profit of $0.47 a share on $738.23 million revenue.

Cytec estimates have a range of $0.09 a share. The high estimate calls for profit of $0.52 a share and the low estimate is calling for a profit of $0.43 a share, a year ago for the quarter the company reported $0.83 a share.

Cytec Industries Inc. (NYSE:CYT) manufactures, and markets specialty chemicals, specialty materials, and building block chemicals. The Company serves various end users including aerospace, plastics, coatings, mining, paper, water treatment, and automotive industries.