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

Ingevity

29/07/2021 17:13

* Ingevity Corp  NGVT.N  reported quarterly adjusted earnings of
$1.55​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of $1.32 per share.
* Revenue rose 32.4% to $358.40 million from a year ago; 
analysts expected $337.64 million. 
* Ingevity Corp's reported EPS for the quarter was $1.10​.
* The mean earnings estimate of analysts had fallen by
about 0.1% 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 risen by 2.3% this quarter and
gained 10.0% so far this year.
* The company reported quarterly net income of $44.3 million.
* Wall Street's median 12-month price target for Ingevity Corp
is $92.00 
* 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 July 29 at 04:13 p.m.  ​All
figures in US dollars unless otherwise stated