FutureFuel Corp. (FF) reported quarterly earnings results on Tuesday, May-10-2016. The company said it had a profit of $0.24 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.07. Analysts had a consensus of $0.17. The company posted revenue of $46.64 million in the period, compared to analysts expectations of $82.50 million. The company’s revenue was down -13.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.19 EPS.
FutureFuel Corp. opened for trading at $11.14 and hit $11.44 on the upside on Friday, eventually ending the session at $11.35, with a gain of 1.34% or 0.15 points. The heightened volatility saw the trading volume jump to 80,226 shares. Company has a market cap of $496 M.
In a different news, on Dec 7, 2015, Terrance C Z Egger (director) purchased 2,000 shares at $14.45 per share price. According to the SEC, on Aug 17, 2015, Lee E Mikles (director) purchased 11,469 shares at $9.56 per share price. On Aug 17, 2015, Donald C. Bedell (director) purchased 5,000 shares at $9.67 per share price, according to the Form-4 filing with the securities and exchange commission.
FutureFuel Corp. is engaged in the chemical and biofuels business. The Company manufactures chemical products and bio-based products comprising biofuels and bio-based specialty chemical products. The Company operates in two segments: chemicals business and biofuels business. The Biofuels Business segment primarily produces and sells biodiesel. In addition the Company sells petro diesel in blends with its biodiesel and from time to time with no biodiesel added. Its biofuels segment also includes the financial results of a granary in central Arkansas. The Chemicals Business segment manufactures chemical products that are sold to third-party customers. This segment comprises two components: custom manufacturing (manufacturing specialty chemicals for specific customers) and performance chemicals (multi-customer specialty chemicals). It owns around 2200 acres of land six miles southeast of Batesville in north central Arkansas fronting the White River.