How Will Chase Corp. (CCF) Stock React To Its Second Quarter Earnings Results?

NEW YORK (TheStreet) --Chase Corp. (CCF), a manufacturer of protective materials for highly reliable applications, announced its 2014 second quarter net income was $4.52 million, a 71.2% increase from the $2.64 million for the year ago quarter.

Earnings per diluted share were 48 cents for the most recent quarter, compared to 29 cents for the 2013 second quarter.

Chase saw a 5.8% increase in revenue for the 2014 second quarter to $51.2 million, compared to $48.4 million from the same period last year.

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Shares of Chase Corp. fell -0.80% to $34.89 at the close on Tuesday.

Separately, TheStreet Ratings team rates CHASE CORP as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:

"We rate CHASE CORP (CCF) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

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