Stepan Expects Second Half EBITDA To Improve Versus Prior Year; Says Positioned To Deliver Full Year Adjusted EBITDA Growth And Positive Free Cash Flow
Portfolio Pulse from Benzinga Newsdesk
Stepan Company expects its second half EBITDA to improve compared to the previous year. The company is positioned to deliver full-year adjusted EBITDA growth and positive free cash flow.
July 31, 2024 | 11:13 am
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Stepan Company expects its second half EBITDA to improve compared to the previous year. The company is positioned to deliver full-year adjusted EBITDA growth and positive free cash flow.
The expectation of improved EBITDA in the second half and the positioning for full-year adjusted EBITDA growth and positive free cash flow are positive indicators for Stepan Company's financial health. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100