Orion Engineered Carbons SA (OEC) CEO Corning Painter on Q3 2019 Results - Earnings Call Transcript

Nov. 01, 2019 1:36 PM ETOrion S.A. (OEC) StockOEC
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Q3: 2019-10-31 Earnings Summary

EPS of $0.52 beats by $0.05
 | Revenue of $370.20M (-6.03% Y/Y) misses by $26.25M

Orion Engineered Carbons SA (NYSE:OEC) Q3 2019 Earnings Conference Call November 1, 2019 8:30 AM ET

Company Participants

Diana Downey - VP, IR
Corning Painter - CEO & Director
Charles Herlinger - CFO

Conference Call Participants

Michael Leithead - Barclays Bank
Joshua Spector - UBS Investment Bank
Peter Lukas - CJS Securities
Laurence Alexander - Jefferies
Kevin Hocevar - Northcoast Research Partners
Jeffrey Zekauskas - JPMorgan Chase & Co.
Christopher Kapsch - Loop Capital Markets

Operator

Greetings. Welcome to Orion Engineered Carbons Third Quarter 2019 Earnings Conference Call. [Operator Instructions]. Please note, this conference is being recorded.

I'll now turn the conference over to Diana Downey, Vice President of Investor Relations. Ms. Downey, you may now begin.

Diana Downey

Thank you, Operator. Good morning, everyone, and welcome to Orion Engineered Carbons conference call to discuss our third quarter 2019 financial results. I'm Diana Downey, Vice President, Investor Relations. With us today are Corning Painter, Chief Executive Officer; and Charles Herlinger, Chief Financial Officer. We issued our earnings press release after the market closed yesterday and have posted the slide presentation to the Investor Relations portion of our website. We will be referencing this presentation during this call.

Before we begin, I'll remind you that some of the comments made on today's call, including our financial guidance, are forward-looking statements. These statements are subject to the risks and uncertainties as described in the company's filings with the SEC. Actual results may differ materially from those described during the call.

In addition, all forward-looking statements are made as of today, November 1, and the company does not undertake to update any forward-looking statements based on new circumstances or revised expectations. Also, non-GAAP financial measures discussed during this call are reconciled to the most directly comparable GAAP measures in the table attached to our press release.

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