Ecovyst tops Q1 earnings estimates, raises FY sales, adjusted EBITDA guidance

Ecovyst

05/05/2026 11:19

Overview

U.S. sulfuric acid supplier's Q1 revenue rose 50%, beating analyst expectations

Adjusted EPS and adjusted EBITDA beat analyst expectations

Company repurchased $35.7 mln of common stock in Q1

Outlook

Ecovyst raises 2026 sales guidance to $890 mln-$970 mln from $860 mln-$940 mln

Company expects 2026 Adjusted EBITDA of $180 mln-$195 mln, up from $175 mln-$195 mln

Ecovyst anticipates higher demand for sulfuric acid but remains cautious on some industrial applications

Result Drivers

HIGHER PRICES AND VOLUMES - Q1 sales rose due to higher selling prices, including the pass-through of higher sulfur costs, and increased sales volumes, per company

REGENERATION SERVICES DEMAND - Double-digit growth in regeneration services sales driven by high refinery utilization, favorable alkylate economics, and lower customer downtime, per CEO Kurt J. Bitting

HIGHER MANUFACTURING COSTS - Higher manufacturing, turnaround, and transportation costs partially offset gains from volume and pricing

Company press release: ID:nPn1FmtHWa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$215 mln
$191.13 mln (4 Analysts)
Q1 Adjusted EPS
Beat
$0.11
$0.05 (5 Analysts)
Q1 Adjusted Net Income
Beat
$12.20 mln
$6.35 mln (4 Analysts)
Q1 Net Income
$4.30 mln
Q1 Adjusted EBITDA
Beat
$39.80 mln
$33.59 mln (5 Analysts)
Q1 Gross Profit
$36.40 mln
Q1 Operating Income
$12.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the diversified chemicals peer group is "buy"

Wall Street's median 12-month price target for Ecovyst Inc is $15.00, about 6.2% above its May 4 closing price of $14.12

The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)