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Solstice Advanced Materials: Q4 Earnings Snapshot

MORRIS PLAINS, N.J. (AP) — MORRIS PLAINS, N.J. (AP) — Solstice Advanced Materials Inc. (SOLS) on Wednesday reported profit of $41 million in its fourth quarter.

The Morris Plains, New Jersey-based company said it had profit of 26 cents per share.

The maker of industrial specialty materials posted revenue of $987 million in the period.

For the year, the company reported profit of $237 million, or $1.49 per share. Revenue was reported as $3.89 billion.

For the current quarter ending in March, Solstice Advanced Materials said it expects revenue in the range of $935 million to $985 million.

The company expects full-year earnings in the range of $2.45 to $2.75 per share, with revenue ranging from $3.9 billion to $4.1 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SOLS at https://www.zacks.com/ap/SOLS

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