Ingevity Corp expected to post earnings of $1.32 a share - Earnings Preview

Ingevity

27/07/2021 02:46

* Ingevity Corp  NGVT.N   NGVT.K  is expected to show a rise in
quarterly revenue when it reports results on July 28. 
* The North Charleston, South Carolina-based company is expected
to report   a 24.8% increase in revenue to $337.643 million from
$270.6 million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Ingevity Corp is for
earnings of $1.32 per share. For the same quarter last year, the
company reported earnings of 63 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Ingevity Corp
is $87​, about 5.7% above​ its last closing price of $82.07. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  1.01        1.03       1.27      Beat    23.3
 Dec. 31 2020  0.81        0.77       1.33      Beat    72.7
 Sep. 30 2020  1.08        1.01       1.79      Beat    76.4​
 Jun. 30 2020  0.60        0.60       0.63      Beat    4.4
 Mar.          0.79​       0.80       1.12      Beat    39.6​
 31​ 2020​                                              
 Dec. 31 2019  0.99        1.01       1.10      Beat    9.4​
 Sep. 30 2019  1.39        1.41       1.46      Beat    3.6
 Jun. 30 2019  1.33        1.32       1.36      Beat    2.7
 This summary was machine generated July 27 at 01:46 GMT.  All
figures in US dollars unless otherwise stated