Rockwood Reports Q4 EPS of $0.49 vs. $0.43

Rockwood Holdings, Inc. ROC today reported earnings per share of $1.40 for the fourth quarter of 2010 as compared to $0.14 for the same period in the prior year. Rockwood's as adjusted earnings per share increased to $0.49 in the fourth quarter of 2010 from $0.19 for the same period in the prior year. An income tax benefit of $76.5 million, or $0.97 per share related to the sale of the AlphaGary plastic compounding business, is the primary reason for the difference between as reported EPS and as adjusted EPS in the fourth quarter of 2010.