Ingevity Corp reports results for the quarter ended in December - Earnings Summary

Ingevity

24/02/2022 11:04

* Ingevity Corp  NGVT.N  reported quarterly adjusted
earnings of
78 cents​​ per share for the quarter ended in December. The mean
expectation of eight analysts for the quarter was for earnings
of 78 cents per share.
    * Revenue rose 3.2% to $336.00 million from a year ago; 
analysts
expected $289.44 million. 
    * Ingevity Corp's reported EPS for the quarter was 74
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Ingevity Corp shares had fallen by 8.2% this quarter.
    * The company reported quarterly net income of $29.3
million.
    * Wall Street's median 12-month price target for Ingevity
Corp is
$95.00 
    * 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." 

This summary was machine generated February 24 at 11:04 a.m.
 ​All figures in US dollars unless otherwise stated